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BREAKING: US durable goods higher than expected 🎯

1:34 PM 24 May 2024

01:30 PM BST, United States - Durable Goods for April:

  • Durables Excluding Transport: previous 0.2% MoM;
  • Durables Excluding Defense: actual 0.0% MoM; previous 1.2% MoM;
  • Durable Goods Orders: actual 0.7% MoM; forecast -0.9% MoM; previous 0.8% MoM;
  • Core Durable Goods Orders: actual 0.4% MoM; forecast 0.1% MoM; previous 0.2% MoM;

Although the data came in higher than expected there was limited reaction in the market. In contrast, the US500 and US100 equity indices are gaining.

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