US data does not bode well for US GDP; Political worries weigh

While markets focused on the Draghi show, and for good reasons, the US released a big bulk of data. And the data has not been that good. Durable goods orders came out at 0.7% for March, much lower than 1.5% expected. It came alongside an upwards revision from 1.7%, which did not compensate. Core orders slipped by 0.2%, […]

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