FX & CFD trading involves significant risk
US factory orders last month declined by less than expected. This is confirmed by the official data released on Thursday.
According to the report prepared by the US Census Bureau, the indicator (seasonally adjusted) was -1.5% compared with -1.2% in the previous month (revised downward to -1.0%). Forecasts indicated a decline over the past month to -1.8%.
Factory orders excluding transportation rose 0.4% in June, while excluding defense goods decreased by 1.4%.
Orders for durable goods in June revised to -3.9% from -4.0%.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.