August 2017 US durable goods report 27 September 2017
- Prior -6.8%
- Ex-transport 0.2% vs 0.2% exp m/m. Prior 0.6%. Revised to 0.8%
- Ex-defence 2.2% vs -7.8% prior m/m. Revised to -7.9%
- Cap goods orders non-def ex-air 0.9% vs 0.3% exp m/m. Prior 1.0%. Revised to 1.1%
A decent report but this can be a volatile number at the best of times.
As usual, the big swings in aircraft don’t help.
- Non-def aircraft parts 44.8% vs -71.1% prior
- Def aircraft parts -24.3% vs 45.7% prior
Reasons to be cheerful but it’s not a barnstormer of a report, looking at the rest of the details.
US durable goods details
The report has helped push USDJPY through 113.00 to 113.08 but we don;t look like we’ve tripped any major stops yet and there still looks to be plenty of sellers piling in. Watch out if we tick through 113.10. The barrier is toast though.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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Hi Ryan . good to see you mate 🙂 , cheers to Gerry’s twitter I found your site. Looks really good impressed. Dubsy too bonus 🙂 I don’t think I come across your other two guys but they look really good too Ryan. Wishing you all the very best in your new and exciting endeavour , atvb Chris
Hi Chris
Good to see you too and I hope you’re well?
Are you on the email you sign in here with?
Nice of Gerry to ping that out.
I’m good Ryan ( except when i see the team play.at this rate the duo will be pleading for Big Sam to come back at Christmas i wish I was joking 🙁 ) yep same email. Gerry still Gerry 🙂 , atvb Chris
Yep, well you know how that goes.
I’ll ping you an email in the next day or so.