- The requests for durable goods in the US decreased less than expected in April.
- The dollar index remains in positive territory above 99.00.
The requests for durable goods in the United States (USA) decreased by 6.3%, or 19.9 billion dollars, in April to 296.3 billion dollars, the US Census Bureau reported. UU. UU. On Tuesday. This reading followed an increase of 7.6%(reviewed from 9.2%) reported in March and was slightly better than the market expectation of a 7.9%decrease.
“Excluding transport, the new orders increased 0.2%,” said the press release. “Excluding the defense, the new orders decreased by 7.5%. The transport team, also down after four consecutive monthly increases, promoted the decrease, 20.3 billion dollars, or 17.1% to 98.8 billion dollars.”
Market reaction
The dollar index maintains its position after this data and was last seen by rising 0.37% in the day to 99.30.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
