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LONDON (MNI) - There is plenty of data on both sides of the Atlantic
Friday, but undoubtedly, the appearances of Fed Chair Janet Yellen and ECB
President Mario Draghi at the Jackson Hole gathering will be the highlights of
Across the Atlantic, the main US data release comes at 0830ET, with the
release of the latest durable goods data.
Durable goods orders are expected to fall by 6.1% in July after a 6.4%
surge in June. Boeing orders fell back to 22 after jumping to 184 in June,
suggesting aircraft orders should reverse sharply. Orders excluding
transportation are expected to increase 0.4% after a 0.1% increase in June.
Federal Reserve Chair Janet Yellen will speak at the Federal Reserve Bank
of Kansas City Economic Symposium on Financial Stability in Jackson Hole,
starting at 1000ET.
At 1100ET, the St. Louis Fed Real GDP Nowcast will be published, followed
by the NY Fed GDP Nowcast at 1115ET.
ECB President Mario Draghi is set to speak at Jackson Hole late in the US
afternoon, starting at 1500ET.
--MNI London Bureau; tel: +44 203-586-2225; email: email@example.com