
MACRO RADAR | TUE, OCT 27 · PREVIEW 📡 US DURABLE GOODS: September orders are forecast to rebound 2.0% MoM (prev. -0.1%), with orders excluding transportation expected to rise 0.6%. CONSUMER CONFIDENCE: The Conference Board index is expected to fall to 81.2 from 81.9, suggesting continued weakness in household sentiment. NEW HOME SALES: September sales are forecast at 651K annualised, down from 684K in August. MARKET CONTEXT: Aircraft orders can distort headline manufacturing figures, making underlying demand particularly important. Meanwhile, builder confidence has fallen to a 14-year low of 29, with 43% of builders cutting prices. Today's releases will help assess the strength of business demand and household activity ahead of Wednesday's Fed decision.
