Ahead of the Bell - US data due Thursday July 26

BY

Euro zone money supply is expected to have increased again in June, further exacerbating the
concerns of European Central Bank rate-setters about rising medium-term inflationary pressures.

US Durable goods orders in June should rebound from May s decline for several reasons, not just big new orders for Boeing planes.

"An upturn in the ISM manufacturing new orders index to a 16-month peak also signals strength," said Sherry Cooper of BMO Capital Markets, referring to the increase in the Institute for Supply Management s index of manufacturing activity.

The median expectation is for a 2.0 pct increase in durable goods orders for June, up from the 2.8 pct drop in May.

Even excluding transportation, economists expect a 0.7 pct increase, up from May s 1.0 pct
decline.

JKL

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Dyna

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gogogo

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