Ex-Trans 0.7% vs 0.5% estimateThe US, durable goods orders came in better than expected 2.2% against 1% Expected. The previous month, remained at 2.0%.
The us dollar moved a bit higher after the data.
The me is Probablyup to 2.47%, up 5.1 bp now. That represents 5 months. Stay above 2.40% supports the highest yields.
A breakdown of the data shows:
- EX-transportation came in at 0.7% against 0.5%. The previous month was revised to 0.7% from 0.5%
- Capital goods orders nondefense ex-airwas also better at 1.3%, compared to a 0.3% estimate. The previous month was revised upward to 1.3% from 1.1%
- Capital goods shipments nondefense ex-air rose 0.7% versus 0.1% estimate. The previous month was revised upward to 1.2% from 1.1%
All in all a strong state. The USDJPY has moved more than 114.20 but remains below the London session high to 114.238.It is is is is is is is is