US: Durable Goods Orders rose 3.3% in April

FXstreet.com (Barcelona) - The Commerce Department has informed that orders for US long-lasting goods have increased 3.3% MoM during April, crushing expectations at +1.5%, and up from -5.9% (revised) in March.

If we strip the Transportation sector, orders expanded 1.3%, surpassing estimates at +0.5% although much better than June’s -1.7% (revised).