US: After Fed, time now for economic releases – TDS

By FXStreet FXStreet (Delhi) – Research Team at TDS, suggests that in the US preliminary durable goods for December will be the most anticipated release on the calendar tomorrow.

Key Quotes

“The consensus is for orders to fall 0.7% m/m on a headline basis and 0.1% m/m ex-autos, while TD is calling for declines of 1.6% m/m and 0.4% m/m respectively.

TD is in line with the market for initial jobless claims to fall to 281k from 293k last week, which would see the 4-week moving average dip to 283.5.

TD expects pending home sales for December to increase 1.2% m/m, which is above the market consensus of 0.9% m/m.

Also on the calendar tomorrow is the Kansas City Fed Index for January; TD sits below the market consensus of –10 and looks for a –15 print.”
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Source:: FX Street