After reporting a pullback in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Thursday showing a substantial rebound in factory orders in the month of August.The Commerce Department said factory orders surged up by 2.3 percent in August after falling by a revised 0.5 percent in July.Economists had expected factory orders to jump by 2.1 per...
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.