📊 US Economic Data Recap – July Durable Goods Orders
🔹 Durable Goods Orders (MoM): -2.8% (better than forecast -3.8%, prev. -9.3%)
🔹 Core Durable Goods Orders (MoM): +1.1% (forecast 0.2%, prev. 0.3%)
🔹 Durables Excluding Defense (MoM): -2.5% (forecast -3.6%, prev. -9.5%)
🔹 Non-Defense Goods Orders ex-Air (MoM): +1.1% (forecast 0.3%, prev. -0.6%)
📢 FOMC Member Barkin Speaks Later – could add more market volatility.
💡 Takeaway:
Core numbers showed strength 💪 while headline data still reflects weakness. Market focus now shifts to Fed commentary.
#USD #forex #trading #economicdata #FOMC #durablegoods
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