December 2017 US Durable goods report 26 January 2018

  • Prior 1.3%
  • Ex-transport 0.6% vs 0.5% exp m/m. Prior -0.1%
  • Ex-defense 2.2% vs 0.3% exp m/m. Prior 1.0%
  • Cap goods orders non-def ex-air -0.3% vs 0.5% exp . Prior -0.2%

The focus will be on the GDP numbers but this is a half decent report in its own right.

Also out were the advance trade and inventory numbers for Dec 2017;

  • Goods trade -71.58bn vs -69.99bn prior
  • Wholesale inventories 0.2% vs 0.8% prior. Revised to 0.7%
  • Retail inventories 0.6% vs 0.2% prior. Revised to 0.3%

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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