The Commerce Department report on non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, is expected to rise 0.3 percent in February. Economists polled by Reuters expect a 0.4 percent rise in durable goods order for last month.
Euro is strong and has staged, at least temporarily, a breakout above 1.10 as of
this writing.
Durable Goods x-trans came at -0.4% vs. +0.3% consensus. Interest rates are falling on weak durable goods and gold is rising.
Oil is rising on weaker dollar. Short-term early stock market indicator is short.
