Durable goods orders coming up next
The US economic calendar picks up at the bottom of the hour with a pair of US reports. Initial jobless claims remain at multi-generational lows but are expected to tick up to 200K from 192K. It won't be a market mover.
The one to watch is durable goods orders at the same time. Watch core orders, which are capital goods orders non-defense ex air. The consensus is +0.2% after a -0.1% reading previously.
The only other event to watch today will be the 7 year Treasury auction at 1700 GMT.
