US: Durable Goods Orders virtually unchanged at $273.5 billion in July

From fxstreet.com

New orders for manufactured durable goods orders in the US stayed virtually unchanged at $273.5 billion in July, the US Census Bureau reported on Wednesday. This reading followed June's 2.2% expansion and came in worse than the market expectation for an increase of 0.6%. "Excluding transportation, new orders increased 0.3%," the publication further read. "Excluding defense, new orders increased 1.2%. Transportation equipment, down following three consecutive monthly increases, drove the decrease, $0.6 billion or 0.7% to $93.0 billion." These figures had little to no impact on the dollar's valuation. As of ... (full story)