U.S. data - Ester Holdings
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U.S. data

  • Core durable goods orders (m/m) (June), fact 1.2%, forecast 0.2%.
  • Durable goods orders (m/m) (June), fact 2.0%, the forecast 0.8%.
  • Goods trade balance (June), fact -74.17B, forecast -72.40B.
  • Initial jobless claims, fact 206K, forecast 220K.

Published data for the United States was more positive due to preliminary data on durable goods orders and the number of initial claims for unemployment benefits. The negative note of the report was the data on the balance of foreign trade in US goods, which continue to show a significant deficit.

Fig. 1. US foreign trade balance

 

The dynamics of the US dollar remains multidirectional due to the dynamics of the euro, which remains at the mercy of statements by the head of the ECB Draghi. Despite the expectation of the ECB’s soft rhetoric, Draghi seemed very restrained, noting the need to stimulate and the prospects for rising inflation to the target level in the eurozone.

Fig. 2. The US dollar index chart. The current price is 97.70 (10-year US government bonds yield is the blue line)

 

The US dollar index showed multidirectional dynamics, continuing to trade in a flat from 97.90 to 97.50.

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Hanzenko Anton


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