According to analysts at Nomura, US factory orders likely increased modestly during June given the 1.0% m-o-m increase in the advance durable goods report for the month. Key Quotes “New orders and shipments of nondefense capital goods excluding aircraft, together with positive backward revisions, appear consistent with healthy growth in business equipment investment in Q2.” “We expect the final estimates of these indicators to reaffirm healthy momentum in business equipment investment in coming quarters. However, final inventory data will likely be consistent with softer inventory buildup at the end of Q2.” 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 GBP/JPY Technical Analysis: Post-BoE rebound lacks any follow-through FX Street 5 years According to analysts at Nomura, US factory orders likely increased modestly during June given the 1.0% m-o-m increase in the advance durable goods report for the month. Key Quotes "New orders and shipments of nondefense capital goods excluding aircraft, together with positive backward revisions, appear consistent with healthy growth in business equipment investment in Q2." "We expect the final estimates of these indicators to reaffirm healthy momentum in business equipment investment in coming quarters. However, final inventory data will likely be consistent with softer inventory buildup at the end of Q2." 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.
