January 2018 US factory orders and durable goods revisions 6 March 2018
- Prior 1.7%. Revised to 1.8%
- Orders ex-transport 0.4% vs 0.7% prior m/m. Revised to 0.9%
Durable good revisions;
- Orders -3.6% vs -3.7% prior
- Ex-transport -0.3% unch
- Ex-defense -2.6% vs -2.7% prior
- Cap goods orders non-def ex-air -0.3% vs -0.2% prior
- Cap goods shipments -0.1% vs 0.1% prior
Not much in the way of changes.
The worrying drop in factory orders is the biggest in 6 months. Outside of the volatile aircraft numbers, transport equipment dropped a chunky 10.0%. Manufacturing (with unfilled orders) was also a substantial loser as it dropped -.9% vs 3.6% prior. There’s might be some seasonality in the numbers so we’ll see if this washes out next month.
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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Hello Ryan. I would like to ask, if it should be voice messages on first page ? It looks like, but I can’t get on my computer – with Firefox.
Hi Prutar
Do you mean the speaker/sound icon? That’s for post alerts for the Live Blog. Apparently I only works if you browser is minimised. That’s something I’m addressing with the developers. It’s only a ping noise.
Ah…Ok….this ping I hear….
That’s good.
How are you by the way? Trading’s good I hope?
I’m fine Ryan, thanks. I hope you too. I do and very glad to be able to follow your site. BTW, I need to honour myself for trade idea, if you remember right before new year. I mentioned EURNOK short at about 9.97. The same day it went down and it didn’t look back before 9.55 at the end of Jan.
I do remember that. Great trade my friend. I assume you took profit before it bounced?
I’ve been adding a few more different pairs to the options board here and EURNOK is one of them. When there’s anything big, I add it. so that might be of interest to you.