Tag Archives: durable goods orders

With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Thursday showing new orders for US manufactured durable goods tumbled by much more than expected in the month of February.The Commerce Department said durable goods orders slumped by 2.2 percent in February after jumping by …

Friday’s trading session, so far, has witnessed risk appetite improved as European and US equities trade remain in the green territory, ahead of the weekend on a busy week in the financial markets. In the currencies’ space, risk-sensitive currencies led by the NZD and the AUD record gains, while safe-haven …

The sterling is sharply advancing up some 0.57%, rallying during the New York session, trading at 1.3344. The market sentiment is positive, as shown by European and US stock indices, trading in the green territory. Investors’ assessment of the Omicron variant slightly dented the market mood before Wall Street opened. …