US August durable goods orders 0.0% vs -2.6% expected

• Ex-transport +0.5% vs +0.1% expected
• Prior ex-transport +0.1% (unrevised)
• Excluding defense, new orders rose -0.2% vs +10.3% prior
• Nondefense capital goods orders (ex-aircraft) +0.2% vs +0.0% expected
• Prior nondefense capital goods orders -0.2% (revised from -0.1%)
• Unfilled orders: +0.4% vs +0.2% prior
• Inventories inched +0.1% vs +0.1% prior

This is a decent report with a slight beat on core orders. Headline orders are up in six of the past seven months.

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