Analysts at TD Securities are expecting the U.S. durable goods to retreat in November at -1.2% MoM.
"A rebound in auto orders following the end of the GM strike was probably more than offset by a plunge in the especially volatile aircraft component. We expect little change in both ex-transportation and core capex orders. Surveys have generally been signaling stalling rather than dramatic weakening in underlying trends."
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer