Tuesday, October 27, 2015

Key data events in the US - RBS

FXStreet (Guatemala) - Analyst Brian Daingerfield at RBS noted the key events taking place in the US.

Key Quotes:

"September durable goods orders are released along with the Conference Board consumer confidence index for October. As usual, headline durable goods orders growth may be at the mercy of one of the most volatile categories – civilian aircraft orders. Our expectation for a drop in civilian aircraft orders may contribute to a second consecutive outright decline in durable goods orders.

The consumer confidence index may rise modestly (RBSe 104). In October, there were likely offsetting influences from the strong performance in the equity market and the softer-than-expected September employment report. Looking ahead, the US data calendar is loaded with key events this week, including the October FOMC decision, 3Q GDP growth, and the latest PCE deflator and Employment cost index."
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