US DATA: Nov factory new orders +0.7%, above the flat reading
expected, as durables orders rev up to -0.3% (prev -1.3%). Nondurables
orders +1.7%, led by a price-related jump in petroleum and coal
products. Total factory orders ex. transport +2.4%. Factory shipments
+0.8%, with nondef cap gds shipments +0.1% and +1.1% ex aircraft.
Factory inventories +0.8%, unfilled orders +0.6%. Inventory-to-shipment
ratio 1.28, unch from Oct.