
News from Mish Talk - Global Economic Trend Analysis
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US Economy · United StatesSales of new U.S. single-family homes fell in July following a sharp upward revision to the prior month's sales pace, and the overall trend remained consistent with a housing market struggling in an environment of high mortgage rates.See the Story
New US home sales fall as high borrowing costs stifle housing demand
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Oil and Gas Sector · United StatesU.S. durable goods orders fell -2.8% mom to USD 302.8B in July, marking the third decline in four months but performing better than forecasts of -4.0% mom. Transportation equipment, also down in three of the past four months, was the main drag, plunging -9.7% mom to USD 101.7B. Ex-defense orders also slipped -2.5% to USD […] The post US durable goods fall -2.8% mom, but core orders show resilience appeared first on Action Forex.See the Story
Crude Oil Down 2%; US Durable Goods Orders Decline In July - Domo (NASDAQ:DOMO), Allarity Therapeutics (NASDAQ:ALLR)
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