Home / Metal News / Precious Metals / [macro outlook] focus on the data of durable goods orders in the United States in August.
[macro outlook] focus on the data of durable goods orders in the United States in August.
Sep 25,2020 02:33CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM9 March 25: today pay attention to the FOMC permanent voting committee, New York Federal Reserve Chairman Williams delivered a speech.

In terms of data, the initial monthly rate of durable goods orders in the United States in August is a leading indicator of production, and the listing of orders means an increase in manufacturing activity, which is good for the dollar.

In the early hours of Saturday morning, the total number of wells in the week of September 25 in the United States, an American indicator, means that crude oil output is expected to increase or decrease accordingly, leading to changes in crude oil prices. this in turn has an impact on the US dollar, the Canadian dollar and the currencies of other crude oil exporters.

SMM comment
exclusive report
headline recommendation

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn