Near-Term Recession Fears are Clearly Overdone

<p>Markets US eco data turned out to be the intraday game-changer, achieving what rather hawkish ECB comments at the central bank’s annual forum in Sintra failed to do. They beat consensus from start to finish. May durable goods orders rose by 1.7% M/M including solid orders for core goods (0.7% M/M). Capital goods shipments, proxy for investment in […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/507608-near-term-recession-fears-are-clearly-overdone/">Near-Term Recession Fears are Clearly Overdone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>