New orders for U.S. manufactured durable goods increased by more than expected in the month of May, according to a report released by the Commerce Department on Monday. The report showed durable goods orders climbed by 0.7 percent in May after rising by 0.4 percent in April. Economists had expected orders to inch up by 0.1 percent. more...
The US Dollar (via the DXY Index) will likely be reminded of the US economy’s weak growth environment in the coming days. more...