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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Durable Goods Orders Sank to 4.6%, But Core Figures Slightly Increased

December, 23 2016
watermark Economic news

The report for durable goods orders hand over a lower-than-expected data in October based on the information released by the Commerce Department on Wednesday. Orders for appliances declined to 4.6% compared with the 4.8% surmise. As transportation equipment was excluded, the orders for core durable goods surge up to 0.5% versus the expected 0.2%.

While Orders for nondefense capital goods except aircraft, a significant measure used for business spending, rose to 0.9% in contrast to the 0.4% likelihood. This report is an indication with regards the corporate America’s plans.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.