US DATA: Aug durable goods orders -1.3%, below -1.0% expected, with
the drop in transportation orders larger than expected. Outside of
transportation, new orders were actually +2.0% on gains in every other
category outside defense. Transportation orders -10.3% on nondefense
aircraft orders -40.2%, motor vehicles orders -4.4%, defense aircraft
orders -2.7%. Total durables ex. defense -1.2%, as defense capital goods
orders -1.5%. Nondefense capital goods orders -0.9%, but +4.1% ex.
aircraft. Shipments -1.5%, with nondefense capital goods shipments
-0.3%, but +1.6% ex. aircraft. Inventories +0.4%, unfilled orders -0.1%.