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Thursday: Jobless claims (215k),....>

US DATA PREVIEW
US DATA PREVIEW: Thursday: Jobless claims (215k), durable goods new orders and
advance wholesale and retail inventories. Fed speakers are absent Thursday while
the US Treasury will auction $31B 7Y notes.
- Barclays economists "look for the advance goods trade deficit to widen from a
revised $75.5bn in August to $77.3bn in September" and a "nominal exports to
rise by 1.1% on the month, while nonpetroleum exports are expected to rise by a
more modest 0.7% m/m."
- On Durables Goods, Morgan Stanley economists "look for a strong 0.5% gain in
durable goods orders excluding transportation in September, improving after a
disappointing flat reading in August," driven by a "notable 0.7% rise in durable
goods manufacturing output in September's industrial production report."

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