This are the numbers released, readings are Actual, Expected and Previous.
Unemployment Claims 529K 534K 543K
Core PCE Price Index m/m 0.0% 0.1% 0.2%
Durable Goods Orders m/m -6.2% -2.8% -0.2%
Durable Goods Orders m/m -4.4% -1.4% -2.3%
Personal Spending m/m -1.0% -1.0% -0.3%
Personal Income m/m 0.3% 0.1% 0.1%
In general bad readings in Durable Orders and despite better than expected unemployment claims, still a high number, that represents recession in the country. Inflation under expectations, no chances of rates hikes there. Majors react quite positive in this first spike, still contained under some resistances zones, yet in 45 minutes we have more info, and stocks openning. There we will have defined today’s definition. Just a short time wait and see!
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