US DATA: March factory new orders +3.0%, stronger than the
+2.0% expected and vs +0.7% in Feb (rev from -0.1%). Ex-trans +2.6%.
Transportation +6.2%. Ex-defense +3.0%. Mar durable goods orders were
+2.9% with Feb revised to +0.8% (vs original -0.6%). Non-durables orders +3.1%. Total factory
orders +3.1%. Factory shipments +2.7% (vs +0.6% in Feb). Nondefense cap
goods shipments +3.6%. Factory inventories +1.1%, while unfilled orders
+0.8%. Inv-to-ship ratio 1.24 vs 1.26 in Feb.