The news release schedule may be short on Friday, the 27th of January, but it does bring some very important publications. The closely watched preliminary US fourth quarter GDP is out at 1:30 PM GMT. The third quarter data surprised on the upside as strong soybean exports made a significant contribution to the bottom line. Another high importance release, US Preliminary Durable Goods Orders for December, come at the same time. Orders slipped in November as plane orders went down, but the core reading did go up in light of higher business equipment sales. And the final reading of University of Michigan Consumer Confidence for January will be available at 3. The preliminary estimate puts the Index just a fraction lower than the 12-month high it reached in December, suggesting that US consumers maintain their post-election optimism. I’m Kiays Khalil and this was the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. Goodbye.
The news release schedule may be short on Friday, the 27th of January, but it does bring some very important publications.
The closely watched preliminary US fourth quarter GDP is out at 1:30 PM GMT. The third quarter data surprised on the upside as strong soybean exports made a significant contribution to the bottom line.
Another high importance release, US Preliminary Durable Goods Orders for December, come at the same time. Orders slipped in November as plane orders went down, but the core reading did go up in light of higher business equipment sales.
And the final reading of University of Michigan Consumer Confidence for January will be available at 3. The preliminary estimate puts the Index just a fraction lower than the 12-month high it reached in December, suggesting that US consumers maintain their post-election optimism.
I’m Kiays Khalil and this was the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. Goodbye.
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