Forex Consulting

Sept US factory orders 1.4% vs +1.2% expected

Factory orders and revisions to durable goods orders – Prior was +1.2% – Ex transport +0.7% vs +0.4% prior – Durable goods orders 2.0% vs +2.2% – Durable goods non-defense capital goods orders ex-air 1.7% vs +1.3% initially Another great set of numbers, that core capital goods orders reading is the best since July 2016 and (importantly)…

Forex Consulting

Markit US October services PMI 55.2 vs 55.9 expected

The service-sector survey from Markit – Flash reading was 55.9 – Prior was 55.3 – New business 54.2 vs 56.2 prior (lowest since April) – New orders 54.3 vs 55.6 prior These numbers point to the risk of a downside surprise in the ISM non-manufacturing index, which is up next. Copyright 2015 Forexlive.com