US factory orders likely to drop – Danske Bank

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.”