US: Durable Good Orders rose 4.2% in June

FXstreet.es (Edinburgh) -The Commerce Department has informed that orders for US long-lasting goods have increased 4.2% MoM during June, crushing expectations at +0.5%, albeit down from 5.2% (revised) in May. If we strip the Transportation sector, orders came in flat, missing estimates at 0.5% and lower than May’s 1.0% advance (revised).