|
Todays New York session has only one significant data release. US Durable Goods Orders for May are due at 8:30 am ET and are expected to improve significantly to 1% from previous drop to -3.6%. Core orders are expected to improve to 1% from previous -1.6%. Final release of Q1 GDP is expected at 1.9% but unless we see a major revision, reaction is likely to be muted as traders will find new information on goods orders more important. |