US: Capital goods orders data eyed – Danske Bank

Analysts at Danske Bank, suggest that in the US, capital goods orders figures are due for release which will gauge the attention for today’s session.

Key Quotes

“Overall, business investments have been increasing since 2016 but over the past couple of months numbers have moved sideways 6 probably due to lower growth in the manufacturing sector. Figures for April will give us an impression of whether investments have stabilised temporarily or more persistently.”