US DATA: Nov factory new orders +1.8%, below the +2.0% expected, but
following upward revised -0.2% in Oct (prev -0.4%). Durable goods orders
were +3.7% (revised down from +3.8%), nondurables orders +0.3% on 0.8%
rise in petroleum and coal. Total fac orders ex. transport +0.3%, with
tranport unrevised +14.7%. Fac shipments flat, but nondefense capital
goods shipments -2.1% and -0.8% ex. aircraft. Fac inventories +0.5%,
while unfilled orders +1.3%. Inv-to-ship ratio 1.34 vs 1.33 in Oct.