• Prior 3%
  • Factory orders excl transport -2.0% from 0.3% prior

Feb factory orders revised down to 1.9% from 3%, excl transport to -0.7% from +0.3%

Durable goods revisions

  • Goods -5.8% from -5.7% prior
  • Non defence cap ex air +0.9% from +0.2% prior
  • Ex defence -4.8% from -4.7% prior
  • Durables excl transport -1.5% from -1.4% prior

Not a good print for orders and the dollar is softer because of it.

Decent revision in the durable goods non defence ex air up 0.7%. The sector is the main one for indicating business expansion

USD/JPY dips back below 99.00 briefly