- Analytics
- News and Tools
- Market News
- U.S. durable goods orders likely to retreat 1% in October - TD Securities
U.S. durable goods orders likely to retreat 1% in October - TD Securities
Analysts TD Securities are expecting the U.S. durable goods orders to retreat -1.0% m/m in October, stringing together its second consecutive decline".
- "Further weakness in vehicle orders and a new drop in the ex-transportation segment are likely to keep orders subdued during the month. We also expect capex orders to register their third consecutive decline at -0.5% in October.
- PPI and CPI data suggest core PCE inflation likely remained steady at 1.7% y/y in October, despite a notable m/m increase in healthcare prices.
- On the other hand, headline PCE likely rose a tenth to 1.4% y/y. Separately, we expect personal spending to advance 0.2% m/m for a third consecutive month in October, with a firm increase in services spending leading the upside."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
