Previous Trading Days Events 27.06.2024

New orders for key U.S. manufactured capital goods unexpectedly fell in May, suggesting that business spending on equipment weakened in the second quarter as borrowing costs remain elevated.

Business spending on equipment is under pressure from higher interest rates and softening demand for goods.

The Federal Reserve has maintained its benchmark overnight interest rate in the current 5.255.50 range since last July. Financial markets expect the U.S. central bank to start its easing cycle in September, though policymakers recently adopted a more hawkish outlook.

Source httpswww.reuters.commarketsususcorecapitalgoodsordersfallsharplymay20240627

Winners vs Losers

JPY pairs JPY as quote currency jump to the top as the JPY suffers a strong weakening. The U.S. dollar is remaining strong. AUDJPY leads this month with 2.16 gains so far.

News Reports Monitor Previous Trading Day 27.06.2024

Server Time Timezone EEST UTC 0300

Midnight Night Session Asian

No important news announcements, no important scheduled releases.

Morning Day Session European and N. American Session

At 1530 the Real gross domestic product GDP figure increased at an annual rate of 1.4 in the first quarter of 2024. In the fourth quarter of 2023, real GDP increased 3.4. Unemployment claims were reported 3K lower, not much lower than the forecast. Core durable goods orders monthly figure was a decline, surprising the markets, however, durable…