Durable Goods

There has been a lot of worry about whether the US economy will stagnate or fall into a recession. It has kept up the theme of safe haven demand, pushed gold higher, weakened the dollar and disrupted forex. But, now we are getting real data…
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We're in the countdown to what is likely to be the most significant data release of the week for the markets: Friday's PCE Price Index. This is the preferred inflation measure for the Fed when it comes to setting rate policy. And there is…
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US Durable Goods and the Elusive Fed Rate Cut The markets appear to be becoming increasingly comfortable with the idea that the US has avoided a recession, and it's now on a firm upward trajectory. That explains the recent highs in the…
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The dollar will have a pretty active week, with several key data points being released starting with Durable Goods Orders later today. The next event is Thursday's release of the Fed's preferred inflation measure, PCE (the last before the…
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The debate over just how much cutting the Fed will do this year comes down to one factor: How well the economy does. Sure, the Fed is mandated to care about inflation and ensure full employment. But whether or not it can achieve those…
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The US economy has managed to surprise most economists with its resilience, and now seems poised to outright jump ahead. This is despite two major factors that would otherwise imply poor economic performance: High interest rates and a bout…
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The Fed's rate decision last week sent a shock to the system that has left the dollar stronger on the back of a somewhat shaky outlook. The yield on US debt rose on the expectation that interest rates will be higher in the coming months.…
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US stocks have been on the back foot since late August, as expected. The dollar has continued to strengthen, also as expected, with investors taking a more risk-off stance. Generally, there is a lack of confidence in the economy, with…
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After two days of major drops in the US stock markets, analysts are revising their positions on where interest rates, and therefore currencies, are headed. Up until the weekend, the consensus was that there wouldn't be any rate cuts by…
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The US durable goods orders will be coming out today. Forecasts indicate a possible decline in August. A panel of economists polled expects US durable goods orders to fall 3.1% on the month in August. This would reverse the 2.0% revised…
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