The Commerce Department is due to release its report on factory goods orders for November at 10:00 AM ET. Orders for manufactured goods are likely to have increased 0.5% in the month.
Data on Pending Home Sales, which is a leading indicator of housing market activity released by the National Association of Realtors, is due out at 10:00 AM ET. The index is expected to edge down 0.2% in November.
The US dollar showed mixed performance ahead of the reports. While the greenback edged higher against the euro and the Swiss franc, it held steady against the pound and showed weakness versus the yen. Currently, the greenback is quoted at 1.4407 against the euro, 1.0317 versus the franc, 91.54 against the yen and 1.6048 against the pound.
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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.