Today: US durable goods orders
Dear traders,
At 15:30 Kiev time the US Commerce Department of will publish a report on the retail sales for July.
The consensus forecast is that the report will show orders for durable goods declined 0.3 last month, following a gain of 0.8% in June.
- Core orders are forecast to rise 0.5 after increasing 0.2% a month earlier.
This week few economic reports were published. In addition to data on durable goods orders, reports on existing and new home sales in the US have already been released.
Economists predict that the new economic data will not change the Fed’s plans to raise the interest rate two more times this year. The next increase will take place in September. (Investing.com)
Have a good trade and a nice day!
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