Morning Update: 8/24/2012

Friday, August 24

Economics
08:30 Durable Goods Orders – consensus 2.5%, prior 1.3%
08:30 Durable Goods Ex Transport – consensus 0.5%, prior -1.4%
08:30 Cap Goods Orders Nondef Ex Air – consensus -0.4%, prior -1.4%
08:30 Cap Goods Ship Nondef Ex Air – consensus -0.5%, prior 1.2%
00:00 AUD Conference Board Leading Index
08:30 GBP GDP
11:10 UK to sell bills

Jobless claims were 372,000 more than the expected 365,000. New home sales were 372,000, more than the consensus 362,000. On Friday we will get durable goods orders.

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