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Durable goods requests drop unexpectedly in February

The report of orders durable goods february showed figures below expectations. Orders in February fell 1.1%, while the market consensus was for an increase of 0.8%. In January there had been an increase of 3.5% (revised up from 3.4%).

Regarding orders without taking transport into account, there was a fall of 0.9%, when the market consensus was of a rise of 0.6%. Without considering defense or aviation, there was a decline of 0.8%, Against the expectation of an increase of 0.65%.

The dollar it was not affected by the data in the market. The March PMI report (preliminary) will be released later on Wednesday. In addition, Powell and Yellen will return to Congress, this time to appear before a Senate committee.

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