Wednesday, November 26, 2014

Weak US core durable goods, unemployment claims and home sales

Core durable good orders decelerated to -0.9%, worse than September`s -0.1%.

Unemployment claims went up to 313 thousand when economists were predicting a reduction of 5 thousand from last week`s data. This is the first time in 11 weeks the number has exceeded 300 thousand.

New home sales increased to 458 thousand although still short of the estimated 471 thousand.

The US dollar isn`t as strong as it should be this week due to weak figures like these.

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