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Mar durable goods new orders +2.6%, well....>

US DATA: Mar durable goods new orders +2.6%, well above the +1.7% exp, 
led by +7.6% in transpo. This followed a solid transpo-led 3.5% gain in 
Feb (rev up from +3.0% prev).
- However, durable goods ex-trans orders flat vs +0.5% exp and after 
+0.9% in Feb. This soft reading reflected offsetting components, with 
machinery and the "all other durables" categories down, but primary 
metals, fabricated metals, computers and electronics, and communications 
equipment up.
-Within transpo, nondefense aircraft orders +44.5% after +39.1% in Feb, 
defense aircraft orders -9.4%, mtr vehicle orders +0.1%, and unlisted 
transportation components +2.7%, according to an MNI calc.
- Nondefense capital goods new orders +6.0%, but -0.1% ex. aircraft. 
- Durable shipments +0.3%. Nondef cap gds shipments +2.2% and -0.7% ex. 
air. Durable inventories +0.1%, unfilled orders +0.8%.

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