US July durable goods orders +1.1% vs +0.5% expected

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  • Prior was +0.5%
  • Ex transport +0.4% vs +0.8% exp
  • Ex defense +1.3% vs +0.3% prior
  • Non-defense capital goods ex air +0.2% vs +0.9% exp

This is a softer report overall and is leading to some USD weakness.

This article was written by Adam Button at investinglive.com.

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