US Factory orders dropped -3.3% MoM in July vs -3.2% exp. and -0.5% previously
- US Durable Goods came in -6.7% MoM vs -6.6% exp. and -6.6% previously
- Also, US Core Durable Goods were revised lower to 0.4% MoM vs 0.5% exp. and 0.5% in June
Citi forecasts 125 bps in Fed cuts this year after jobs data, 50 bps each in September & December. Goldman Sachs analysts added a third quarter-point Fed cut to their 2024 forecast.
Economic Calendar: āļāļąāļāļāļē Jackson Hole āđāļĨāļ°āļĢāļēāļĒāļāļēāļāļāļēāļĢāļāļĢāļ°āļāļļāļĄ ECB
BREAKING: GDP Deflator āļŠāļŦāļĢāļąāļāļŊ Q2 āļāļļāđāļ 6.4% āļāļāļ°āļāļĩāđāļāļēāļĢāđāļāđāļāđāļēāļĒāļāļđāđāļāļĢāļīāđāļ āļāđāļāļ·āļāļ āļ.āļ. āļāļĢāļāļāļąāļ§
Economic Calendar ð― Wall Street āļĨāļļāđāļāļĢāļ°āļāļķāļ! āļāļąāļāļāļē PCE āļŠāļŦāļĢāļąāļāļŊ āđāļĨāļ°āļāļ Nvidia
FX Weekly: Jackson Hole āļāļ°āđāļāđāļāļāļļāļāđāļāļĨāļĩāđāļĒāļāļāļāļāļāļāļĨāļĨāļēāļĢāđāļŦāļĢāļ·āļāđāļĄāđ?
