January 2018 US durable goods report 27 February 2018

  • Prior 2.8%
  • Ex-transport -0.3% vs 0.4% exp m/m. Prior 0.7%
  • Ex-defence -2.7% vs 2.2% prior
  • Cap gods orders non-def ex-air -0.2% vs 0.5% exp. Prior -0.6%
  • Cap goods shipments non-def ex-air 0.1% vs 0.3% exp. Prior 0.4%

It’s all about Powell but these numbers are much worse than expected. They can be volatile though.

Ryan Littlestone
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