Economic Collapse

[basserdan]

8:30a U.S. 1st-quarter GDP raised to 1.2% from 0.7%

8:30a Consumer spending rose 0.6% in 1st quarter

8:30a Inventory growth lowered to $4.3 billion in 1st quarter

8:30a U.S. exports rise 5.8%, imports 3.8% in 1st quarter

8:30a Business investment grew at faster 11.9% pace


8:30a U.S. durable goods orders drop 0.7% in April

8:30a U.S. orders minus transportation fall 0.4% in April

8:30a Core capital goods orders unchanged in April

8:30a Core durable shipments dip 0.1% in April

8:30a March increase in orders raised to 2.3% from 1.7%

8:30a U.S. stock-index futures hold modest losses after durable goods and GDP data

8:32a U.S. dollar strengthens after durable-goods, GDP data

8:32a Gold pares gains slightly after GDP and durable-goods readings

8:32a June gold up $8.60, or 0.7%, at $1,265/oz.