- Durable Goods Orders in the US rose unexpectedly in May.
- US Dollar Index stays in negative territory at around 102.50.
Durable Goods Orders in the US increased 1.7%, or $4.9 billion, in May to $288.2 billion, the US Census Bureau reported on Tuesday. This reading followed the 1.2% increase recorded in April and came in better than the market expectation for a decrease of 1%.
"Excluding transportation, new orders increased 0.6%," the publication further read. "Excluding defense, new orders increased 3.0%. Transportation equipment, also up three consecutive months, led the increase, $3.9 billion, or 3.9%, to $102.6 billion.
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