Durable Goods Orders Exceed Expectations – Market Getting Ready for Holiday

US Durable goods  for the month of April at 3.3%, more than double the consensus forecast of 1.5%. The key driver of this number looks to be growth in Aircraft manufacturing and non-defense capital goods such as computers and communications equipment. This number lends itself to Bernanke’s comments earlier this week and the idea that
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]