August 28, 2025 a 02:31 am
Important Key Figures of the last few Days
In recent days, economic indicators have showcased mixed trends across both the US and European regions. While positive movements in durable goods orders hint at underlying US manufacturing strength, consumer confidence in Germany has taken a downturn. Such developments may influence USD volatility and market expectations. Let us delve into the significant data points to derive deeper insights.
📊 US Economic Growth & Labor Market
| Event | Previous | Estimate | Actual | Change | Impact |
|---|---|---|---|---|---|
| GDP Growth Rate QoQ (Q2) | -0.5% | 3.1% | N/A | N/A | High |
| Continuing Jobless Claims (Aug/16) | 1972K | 1970K | N/A | N/A | High |
| Initial Jobless Claims (Aug/23) | 235K | 230K | N/A | N/A | High |
The anticipated rebound in GDP QoQ for Q2 suggests potential economic recovery, though concrete data remains pending. Continued stable jobless claims estimates signal a resilient labor market. Positive GDP growth could bolster USD strength, while steady job claims keep inflation concerns at bay.
📈 US Durable Goods Orders
| Metric | Previous | Estimate | Actual | Change | Impact |
|---|---|---|---|---|---|
| Durable Goods Orders MoM (Jul) | -9.4% | -4.0% | -2.8% | 6.6% | High |
| Durable Goods Orders Ex Transp MoM (Jul) | 0.3% | 0.2% | 1.1% | 0.8% | High |
The surge in durable goods orders for July outperformed expectations, suggesting a robust manufacturing sector. This could signify rising consumer and business investments, possibly strengthening the USD due to increased attractiveness of US assets.
📉 European Confidence Metrics
| Event | Previous | Estimate | Actual | Change | Impact |
|---|---|---|---|---|---|
| Consumer Confidence (Germany, Sep) | -21.7 | -22.0 | -23.6 | -1.9 | High |
| Bank Austria Manufacturing PMI (Aug) | 48.2 | 48.2 | 49.1 | 0.9 | High |
German consumer confidence continues to decline, indicating potential economic challenges that could pressure the Euro. Meanwhile, Austria's manufacturing sector shows slight recovery from contraction territory, possibly stabilizing regional economic prospects.
⚠️ Housing Market Insights
| Event | Previous | Estimate | Actual | Change | Impact |
|---|---|---|---|---|---|
| New Home Sales (Jul) | 0.656M | 0.63M | 0.652M | -0.004M | High |
Stable levels in new home sales reflect a cautious but steady housing market. A minor decline might not significantly impact the USD, but any substantial future downturns could dampen market sentiment.
✅ Conclusion
Current US data highlights resilience in manufacturing and stable labor market conditions, providing underlying support for the USD. However, caution remains given the absence of pivotal GDP figures and mixed consumer confidence across Europe, which could introduce volatility. Overall, the present situation suggests a cautiously supportive stance for the USD.