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US factory orders likely to drop – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at Danske Bank, suggest that the US factory orders are expected to drop 0.9% m/m in September following the decline of 1.7% in August.

    Key Quotes

    “This would be consistent with the development in durable goods orders, which was released one week ago and showed a decline of 1.2% in September after a 3% decline in August.”
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