Durable Goods Orders: What are They and How Do They Affect Financial Markets?

Durable goods orders have an important place in the context of global financial markets and can be used as a gauge of economic health that impact several asset classes.

from DailyFX – Market News https://bit.ly/3ALZlJM
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GBP Breaking News: UK PMI Reveals Fastest Drop in New Orders Since 2021

The flash estimate for November PMIs showed worsening new orders from abroad which added to the contraction in the manufacturing sector. GBP rises after the release

from DailyFX – Market News https://bit.ly/3ViWTDt
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British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?

The British Pound is anchored near the top end this week’s range after US Dollar gave some ground overnight with the focus on the Fed’s pace of tightening. Where to for GBP/USD?

from DailyFX – Market News https://bit.ly/3B1s1zN
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