United States Durable Goods Orders rise 0.3% in June vs. 1.6% expected
Source Fxstreet
- Durable Goods Orders in the US rose less than expected in June.
- US Dollar Index stays in daily range below 101.50.
New orders for manufactured Durable Goods in the United States (US) rose by $1.1 billion, or 0.3%, to $334.8 billion in June, the US Census Bureau announced on Monday. This reading followed a 4% decline recorded in May and fell short of the market expectation for an increase of 1.6%.
"Excluding transportation, new orders increased 0.6 percent," the press releases noted. "Excluding defense, new orders increased 0.3 percent. Computers and electronic products, up nine of the last ten months, led the increase, $0.9 billion or 3.1 percent to $31.1 billion."
Market reaction
This data failed to trigger a noticeable market reaction. At the time of press, the US Dollar (USD) Index was down 0.05% on the day at 101.40.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
West Texas Intermediate (WTI) oil price experiences volatility after registering over 2.5% losses in the previous day, trading around $87.40 per barrel during the Asian hours on Wednesday.
Gold Price Analysis (XAU/USD): Gold Falls to 6-Month Low as Inflation Fuels Rate Hike Bets, A Buying Opportunity or a Falling Knife?
Gold hit a 6-month low on Fed rate hike bets. However, strong central bank buying and technical indicators suggest potential tactical bounces and long-term accumulation windows.
Gold hit a 6-month low on Fed rate hike bets. However, strong central bank buying and technical indicators suggest potential tactical bounces and long-term accumulation windows.
XRP (XRP) price trades near $1.05, caught between a year-long downtrend and a sudden burst of buying.July has historically rewarded XRP holders. This year the month arrives with on-chain accumulation
Ethereum (ETH) enters July 2026 trading near $1,570, close to multi-month lows, after recording its first run of three consecutive red quarterly candles in its history.On-chain data and price charts n
On July 1, Eastern Time, U.S. stocks closed fluctuating lower on the first trading day of the second half of the year. Although some megacap tech stocks such as Meta (
