Durable Goods Order is set to match the largest decline on record but markets have already absorbed the brunt of economic disaster news, Joseph Trevisani, an analyst at FXStreet, briefs. See: US Initial Jobless Claims Preview Key quotes “April sales are forecast to fall 19% after plunging 15.3% in March which would equal the largest prior decrease in the 28 year series of August 2014. The range of estimates in the Reuters survey of economists is from -1.2% to -35%.” “The proxy category for business investment, non-defense capital goods ex-aircraft, is forecast to tumble 10%, just shy of its all-time drop of 10.9% in January 2009.” “Markets have already absorbed the most dire economic news and durable goods will add little of importance to the picture. The details of the March-April catastrophe will not keep the market from moving on.” 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 Ethereum Price Analysis: ETH/USD volatility is about to explode FX Street 3 years Durable Goods Order is set to match the largest decline on record but markets have already absorbed the brunt of economic disaster news, Joseph Trevisani, an analyst at FXStreet, briefs. See: US Initial Jobless Claims Preview Key quotes “April sales are forecast to fall 19% after plunging 15.3% in March which would equal the largest prior decrease in the 28 year series of August 2014. The range of estimates in the Reuters survey of economists is from -1.2% to -35%.” “The proxy category for business investment, non-defense capital goods ex-aircraft, is forecast to tumble 10%, just shy of its… 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.