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January US durable goods orders +4.9% vs +2.9% expected

Discussion in 'Market News' started by ForexLive, Feb 25, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Highlights of the January durable goods report: - Prior -5.0% (revised to -4.6%) - Ex-transport +1.8% vs +0.3% exp - Prior ex-transport -1.0% (revised to -0.7%) The non-defense capital goods order ex-aircraft is the key line in the report and it smashed expectations with the best reading since June 2014. It came along with a 0.6 pp upward revision to the prior.

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