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US: Durable Goods Orders Down 0.2% in August, Better Than Expected

  • Durable goods orders fall 0.2% against expectations of a 0.4% decrease.
  • The dollar remains unchanged, in negative territory.

The Durable Goods Petitions in August they registered a fall of 0.2%, which follows a decline of 0.1% in the previous month. The figures were better than expected for a 0.4% decline.

The petitions without taking into account defense they fell 0.9%, and were expected to remain unchanged. The requests without transport rose 0.2% in line with expectations. While without taking into account aviation, or defense rose 1.3%, above the 0.2% expected.

The dollar did not register significant variations after the data. Data on home prices, new home sales and the Richmond Fed manufacturing index will be released later on Tuesday.

Source: Fx Street

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