US DATA: Aug factory new orders -0.5%, below the -0.3% expected.
Nondurables orders +0.3%, led by chemicals, while durables orders rev
down to -1.5% (prev -1.3%). Total factory orders ex. transport +0.9%.
Factory shipments -0.6%, with nondef cap gds shipments -0.3%, but +1.7%
ex aircraft. Factory inventories +0.1%, unfilled orders flat.
Inventory-to-shipment ratio 1.27 in Aug vs 1.26 in July.