US DATA: Feb factory new orders +1.3%, slightly below the MNI
median expectation of +1.5%. Jan factory orders were revised down from
-1.0% to -1.1%. Durable goods were revised up to +2.4% (prev +2.2%).
Ex-defense new orders were +1.1%; and ex-transportation new orders were
+0.9%. Transportation new orders were +3.9%. Motor vehicle orders were
+0.2% and nondefense aircraft, parts orders were +6.0%. Mfg inventories
were +0.4%, shipments were +0.1% and unfilled orders were +1.3%. The Feb
inv/shipments ratio was unchanged at 1.33.