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On tap for Thursday: Data...........>

US DATA PREVIEW
US DATA PREVIEW: On tap for Thursday: Data releases surge with weekly claims
(229k est); Philadelphia Fed Mfg Index (14.0 est); Durable goods/new orders;
Markit Manufacturing and Services index; existing home sales (4.98M est);
leading indicators (0.2% est).
- On durable goods orders excluding transportation, Morgan Stanley economists
look for the figure to "rise a strong 0.8% in December on top of a 0.5% gain in
November. For the headline figure, industry data points to a surge in aircraft
orders, which should push up overall orders to a reading of 3.9%."
- Barclays economists "forecast overall new orders of advance durable goods to
have jumped 4.6% m/m in December on the heels of November's 0.7% m/m increase.
We expect December's increase to have been driven by a 12.5% m/m jump in orders
in the volatile transportation category, reflecting a December upswing in
aircraft orders at Boeing."

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