New orders for US manufactured durable goods were up 1.8 % MoM in August, following 0.1% decrease (revised to 0.5%) in July and well above market forecasts of 0.7% as factories continue to struggle with parts and labor shortages and higher material costs. Main rises were seen in orders for nondefense aircraft and parts (77.9%), capital goods (6.7%), transportation (5.5%) and manufacturing (3.3%).
Durable Goods Orders Excluding Transportation dropped to 0.2 % MoM in August, following 0.8% increase in July and compared to analysts’ expectations of 0.5% rise.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade slightly below 1.1700 level. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
