Analysts at Nomura expect a modest 0.3% m-o-m increase in ex-transportation durable goods orders of US in June. Key Quotes “The ISM new orders index edged down slightly but remained high at 63.5 in June. The industrial production report for June indicated healthy growth in ex-transportation durable goods output. These data appear consistent with the solid momentum in the industrial sector and a pickup in business equipment investment in Q2.” “Among transportation equipment, orders for motor vehicle and parts likely rose sharply. The industrial production report indicated that truck assemblies picked up in June following significant disruptions in May.” “Further, civilian aircraft orders likely boosted transportation orders considering industry data. Altogether, we expect a 3.0% m-o-m increase in total durable goods orders in June.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD trims losses, keeps 1.1700 post-ECB FX Street 5 years Analysts at Nomura expect a modest 0.3% m-o-m increase in ex-transportation durable goods orders of US in June. Key Quotes "The ISM new orders index edged down slightly but remained high at 63.5 in June. The industrial production report for June indicated healthy growth in ex-transportation durable goods output. These data appear consistent with the solid momentum in the industrial sector and a pickup in business equipment investment in Q2." "Among transportation equipment, orders for motor vehicle and parts likely rose sharply. The industrial production report indicated that truck assemblies picked up in June following significant disruptions in May." "Further,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
