September 2017 US durable goods report 25 October 2017

  • Prior 2.0%
  • Ex-transport 0.7% vs 0.5% exp m/m. Prior 0.5%. Revised to 0.7%
  • Ex-defense 2.0% vs 2.5% prior m/m
  • Cap goods orders non-def ex-air 1.3% vs 0.5% exp m/m. Prior 1.1%. Revised to 1.3%
  • Cap goods shipments non-def ex-air 0.7% vs 0.1% exp m/m. Prior 1.1%. Revised to 1.2%

Good numbers from the durables report and that’s brought a halt to cable’s run, for now. USDJPY has ticked back up towards the days highs. Currently trades 114.18.

The cap goods shipments has been up for 8 months now and that’s going to add to the GDP picture for Q3.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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