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This Thursday 27 May at 12:30 PM GMT the latest US Durable Goods Orders MoM number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GC will trend up following the news event.
This probability is based on the last 12 US Durable Goods Orders MoM events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an up trend of GC.
Here are images of the past events:
Monday 26 Apr at 12:30 PM GMT:
Wednesday 27 Jan at 01:30 PM GMT:
Friday 25 Sep at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance