- Durable Goods Orders in the US rose 0.1% in May.
- US Dollar Index stays in negative territory below 106.00.
Durable Goods Orders in the US increased $0.3 billion, or 0.1%, to $283.1 billion in May, the US Census Bureau reported on Thursday. This reading followed the 0.6% growth recorded in April (revised from 0.7%) and came in better than the market expectation for a decrease of 0.1%.
"Excluding transportation, new orders decreased 0.1%," the press release read. "Excluding defense, new orders decreased 0.2%. Transportation equipment, up three of the last four months, drove the increase, $0.5 billion, or 0.6%, to $95.4 billion."
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