The Day Ahead: Durable Goods, New Home Sales, G-20

September 25, 2009 – 4:13 am Equity futures are looking slightly up in anticipation of some major data releases this morning. Global markets have been mixed, while the US$ is stronger and Gold is once again below $1,000 per ounce. Today’s schedule includes Durable Goods, New Home Sales, and Consumer Sentiment. In addition, headlines from the G-20 summit in Pittsburgh could shake up the afternoon. One headline so far has been of particular importance for emerging nations. The White House stated earlier that the Group of 20 will become “the permanent council for international economic cooperation,” thereby supplanting the G8....(read more)

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