Yesterday US durable goods orders numbers came out up 3.6 percent for May m/m followed by the durable orders excluding transport items which rose by 0.7 percent, below April’s 1.5 percent growth. The monthly reading of the Redbook Index showed contraction by 0.5 percent and 2.8 percent on an annual basis for the week ended June 16. In other data releases the US Housing Price Index grew by 0.7 percent in May, against the 1.5 percent increase in April. Later in the day the US Conference Board reported that the Conference Board Consumer Confidence Index for June stood at 81.4, up from 74.3 in May. New Home Sales rose by 2.1 percent in May, following the 3.3 percent growth in April.
Today’s Asian session started with the EUR/USD at 1.3074 and currently the quote is trading lower than at any other point during the last fifteen days at around 1.3069.
Germany’s GfK Consumer Confidence Survey came out today at 07:00 BST and showed a nearly six-year high to 6.8 points for July compared with 6.5 in June.
Later in the day traders should follow the release of the French GDP for the first quarter of the year q/q.
No comments:
Post a Comment