Mar 26, 2013
Forex Flash: Expect US Durable Goods at 4.0% and consumer confidence at 71.0 – TD Securities
FXstreet.com (Barcelona) - A practically empty economic calendar in Europe will give way to a load of data in the US, including Durable Goods Orders, S&P/Case-Shiller Home Price Indices, Richmond Fed Manufacturing Index, Consumer Confidence and New Home Sales. “The tapes will be busy today: for durable goods we expect a 4.0% increase and 1.0% rise ex-transport, but a 1.0% fall in core. Then US S&P/CS Index we see a below consensus 0.70% m/m increase in January; Richmond Fed Index is expected to slip to 5.0 in March; Consumer confidence we expect an above-market increase to 71.0 in March. Finally US New Home sales we forecast a below consensus 8.5% drop to 410K in February.