Standard Chartered notes.... We see February durable goods (Wednesday, 08:30ET) down 2.0% m/m (consensus +0.2%), from +2.8% in January, on the back of lower aircraft orders. Ex-transport, we see durable goods down 0.4% (…
We see February durable goods (Wednesday, 08:30ET) down 2.0% m/m (consensus +0.2%), from +2.8% in January, on the back of lower aircraft orders.
Ex-transport, we see durable goods down 0.4% (0.2% consensus) from 0.3% in January. Capital goods data will be in the spotlight.
A strengthening US dollar, domestic energy-sector woes, and a mixed global outlook are continued headwinds to US corporate investment, which we think could be a sizeable constraint on Q1 GDP growth.
Markets will continue to monitor Fed speeches for the reasons behind the FOMC's recently more dovish tone.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
