November 2017 US factory orders and durable goods revisions 5 January 2018

  • Prior -0.1%. Revised to 0.4%
  • Durable goods revision 1.3% unch
  • Ex-Def 1.0% unch
  • Ex-trans -0.1% unch
  • Cap goods orders non-def ex-air -0.2% vs -0.1% prior
  • Cap goods shipments non-def ex-air -0.1% vs 0.3% prior

Factory orders better than expected but not much to write home about in the Durable revisions.

Little reaction in the dollar. USDJPY has fallen 10 pips to 113.14.

 

Ryan Littlestone

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

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Ryan Littlestone

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