Jan durable goods new orders -3.7%, well....>

US DATA: Jan durable goods new orders -3.7%, well below the -2.5% exp, 

led by a -10.0% in transportation.

-Within transportation, nondefense aircraft orders -28.4%, defense 

aircrafts orders -45.6%, mtr vehicle orders +0.1%, and unlisted transpo 

components -21.6%, according to an MNI calc.

- Durable goods ex-transport orders -0.3% vs +0.2% exp. This soft 

reading was due to declines in all categories apart from small gains in 

fabricated metals and computers and electronic products. 

- Nondefense capital goods new orders -1.5% and -0.2% ex. aircraft. 

- Durable shipments +0.2%. Nondef cap gds shipments flat but +0.1% ex. 

air. Durable inventories +0.3%, unfilled orders -0.3%.