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US Nov Durable Goods: A Bright Spot for the Economy?

From orbex.com

Later today we have the last bit of major data coming out from the US before the end of the year. After that, the markets are left to their own devices, and it is likely to mark the last day of major trading. Tomorrow, the US markets are closed for the Christmas holiday. The week after is not forecast to have any major events. So, any change in trends from data for the rest of the year will depend on the data we get later. At the same time, we get two major guides of economic development: Durable Goods Orders and Personal Spending. The latter in particular is indicative of the appetite of consumers during the period ... (full story)

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  • Category: Fundamental Analysis