Orders for U.S. Capital Equipment Rise for Second Time This Year | Forex Factory

Orders for U.S. Capital Equipment Rise for Second Time This Year | Forex Factory

Orders for U.S. Capital Equipment Rise for Second Time This Year

From bloomberg.com

Orders for business equipment rose in June for just the second time this year as U.S. factories start to regain their footing after a weak spell. Bookings for non-military capital goods excluding aircraft climbed 0.9 percent last month after decreasing 0.4 percent in May, data from the Commerce Department showed Monday in Washington. Orders for all durable goods -- items meant to last at least three years -- increased 3.4 percent, propelled by a rebound in the volatile aircraft category. Business investment is projected to improve as the energy industry’s woes dissipate and companies look to expand, cushioning the ... (full story)

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Jul 27, 2015 9:47am

IMHO it depends where the leverage is. At the moment it looks as though the group of people collectively on the hook are the Chinese public. Smart money (US$ hundreds of billions) has been leaving the country over the last couple of months ... and it doesn't look as though it has gone into Gold.

Jul 27, 2015 8:45am

Quoting dbutton1990

Disliked

Big drop in the dollar coming soon. Be on the right side when it happens. I sold 6 of the 7 major dollar pairs last night and I'm up over 200 pips right now. Pay attention to the dollar index!

Ignored

You are right about the dollar index. The big boys have been selling dollars all day, perhaps to balance their accounts, perhaps to stop hunt the retail traders, or whatever.

However, this seemingly unorthodox movements against the dollar in the face of good data will probably not continue. And the reversal will be considerable in my opinion. So I'd keep my stops pretty tight to maintain those pips in profit.

So good for you. You have exhibited good day trading instincts and judgment. I generally don't trade both ways in a volatile market especially against the data and fundamentals.

Jul 27, 2015 7:46am

Well, as I wrote this morning that today is just that kind of day you will always be on the wrong side of the market.

How the Hell is it that the data is positive and the Euro is rising? .... Yeah exactly as I said be careful Guys!

Just me 2cts.

Jul 27, 2015 8:53am

This is Like Deja Vu all over again back to 2008-2010..only this time will get worse with all these easing program..Stock Market all over the world will Crash...They will all turn To Safe Haven which is GOLD.....only this time Gold will hit over 2000 in the next 1-2 years...

Jul 27, 2015 7:48pm

Quoting roger44

Disliked

It is a seasonal adjustment + other countries ordered aircraft.

Ignored

It looks a bit like autos in the consumer market. There's just a point in time where the buyer in the market capitulates and makes a purchase because the "equipment" has expired. Executives don't like flying 30 year old airplanes.

Jul 27, 2015 2:24pm

I guess no one notices the revisions. The real numbers for this indicator are BEARISH!! And that's why I think it never had any sustained bulls today. Of course I didn't get those revisions here on FF

Jul 28, 2015 12:38am

I downloaded the desktop application from wbponline.com which is great. Between the streaming news on FF and WBP along with calendars (I look at both) I feel like I covered most issues.

Most interesting to me is to see these different calendars who assign different importance levels for the same events. Now I look at all indicators (low, medium, and high) to make sure nothing slips by. I found that out because FF assigns low to certain indicators that should be medium, etc.

Jul 27, 2015 8:26am

Do we think that the US stock markets will sell off after the tumble in China?

Jul 27, 2015 8:11am

Its Just a Bull Show,due to the +ve US Data ,after the impact hrs ,it may back to the original trend to Down with heavy Sellers Volume !

Jul 27, 2015 7:50am

Big drop in the dollar coming soon. Be on the right side when it happens. I sold 6 of the 7 major dollar pairs last night and I'm up over 200 pips right now. Pay attention to the dollar index!

Jul 27, 2015 7:44am

It is a seasonal adjustment + other countries ordered aircraft.

Jul 27, 2015 7:50am

wait little Ojiego

Jul 27, 2015 7:57am

Quoting Ojiego

Disliked

Well, as I wrote this morning that today is just that kind of day you will always be on the wrong side of the market.

How the Hell is it that the data is positive and the Euro is rising? .... Yeah exactly as I said be careful Guys!

Just me 2cts.

Ignored

In just a little while and the dollars bulls will emerge. But my take is that it won't last for long. Just know what the market manipulators are trying to do.

Jul 27, 2015 7:39am

Time to buy USD/CAD

Jul 27, 2015 7:45am

News success but going up LOL

Jul 27, 2015 8:18am

whats going on ? it is simply out of the box.

Trader#9468

Jul 27, 2015 5:14pm

Quoting brinkclan

Disliked

I guess no one notices the revisions. The real numbers for this indicator are BEARISH!! And that's why I think it never had any sustained bulls today. Of course I didn't get those revisions here on FF

Ignored

Where did you see these revisions brinkclan?

Story Stats

Jul 27, 2015 7:32am
Posted by
Newsstand

High Impact Breaking

17

6,641
Linked events:

US Core Durable Goods Orders m/m

US Durable Goods Orders m/m