Durable goods requests up 0.5% in March, below the 2.5% expected

The Durable goods report for March showed increases in the main indicators, but below the market consensus. The dollar remained unchanged after the figures were released.

The Durable goods orders in March increased 0.5%, being that the average of the estimations of analysts were for a rise of 2.5%. In February there had been a 0.9% drop, revised up from -1.1%.

The Durable goods orders excluding defense and aviation they rose 0.9%, less than 1.5% of the market consensus. For his part, without taking transport into account, there was an advance of 1.6%, in line with expectations. The durable orders excluding defense rose 0.5%:

Later on Monday the reading of the Dallas Federal Reserve Manufacturing Business Index for April. The key event of the week will be the Federal Reserve meeting, which will announce its decision on Wednesday.

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