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US February durable goods orders +1.4% vs +1.1% expectedUS February durable goods orders +1.4% vs +1.1% expected

Prior was -6.2% (revised to -6.9%)Non-defense capital goods orders ex-air +0.7% vs +0.1% expectedPrior non-defense capital goods orders ex-air+0.0% (revised to -0.4%)Ex transport +0.5% vs +0.4% expectedEx defense +2.2% vs -7.9% priorShipments +1.2% vs -0.8% priorFull report

This is a solid reading, though the revisions take a bit of a shine off the report.

This article was written by Adam Button at www.forexlive.com.

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