• -18.3% prev revised up from -18.4%
  • ex transport -0.2% vs +0.5% exp vs +0.4% prev
  • ex defence -1.5% vs +0.3% exp vs -19.1% prev

Not good reading for the US and we’re seeing some break out on ccy pairs accordingly. GDP data this week will come into focus with a more negative touch and the FOMC will be taking note of course

GBPUSD took out first offers at 1.6150 but more at 1.6160 EURUSD up to 1.2740 USDJPY 107.84

Good ol’ durable goods to provide us with some action!

US Durable Goods MM table % change

US Durable Goods MM table % change

US Durable Goods MM

US Durable Goods MM