US durable goods orders fell -2.2% mom to USD 307.4B in October, undershooting expectations for a -1.5% decline. The weakness was driven largely by transportation equipment, which dropped -6.5% to USD 103.9B after two consecutive monthly increases. Beneath the surface, underlying demand appeared more resilient. Orders excluding transportation rose 0.2% mom to USD 203.5B, in […]The post US durable goods fall -2.2% mom as transport orders drag appeared first on ActionForex.