Orders for U.S. durable goods exceed projections

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Bookings for durable goods increased more than analysts' expectations in June, indicating higher demand that will foster manufacturing and economic growth in the second half of 2013. Orders for goods lasting at least three years rose 4.2%, mainly driven by transportation equipment, while expected  gains was only 1.4%. 
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Thu, 25 Jul 2013 14:34:05 GMT

Treasury yields at one-week high after a report on durable goods

Yield on 10-year treasuries reached a one-week high as bookings for durable goods from U.S. increased more than analysts' forecast, fostering bets the economic conditions are good enough for the Fed to begin reducing bond purchase programme. Ten-year bond yield traded at 2.59% as of 8:47 a.m. New York time, while the 30-year return was at 3.65%.

Thu, 25 Jul 2013 14:14:06 GMT

The greenback steady after data on jobless claims

The U.S. Dollar remained stable against the Euro after reports suggested that orders of durable goods climbed in June, while unemployment insurance claims increased in the last week. Versus the 17-nation currency, the greenback remained flat at $1.3208 at 12:31 p.m. GMT. Against the Japanese Yen, it lost 0.41% to 99.81, while the Dollar managed to strengthen 0.22% to 1.5283

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