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26 Apr 2016
US: Durable goods orders and Case-Shiller house price index in focus - BBH
Research Team at BBH, suggests that the US reports today March durable goods orders and February Case-Shiller house price index.
Key Quotes
“Durable goods are the last piece of data for economists before the preliminary Q1 GDP report. It is unlikely to alter the view that the US economy slowed in Q4 15 and slowed further in Q1 16. However, the early April data is looking better.
Today Markit will provide an initial estimate for April services PMI and the composite, both of which are expected to tick higher. Apple will report its earnings later today.”
Key Quotes
“Durable goods are the last piece of data for economists before the preliminary Q1 GDP report. It is unlikely to alter the view that the US economy slowed in Q4 15 and slowed further in Q1 16. However, the early April data is looking better.
Today Markit will provide an initial estimate for April services PMI and the composite, both of which are expected to tick higher. Apple will report its earnings later today.”