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US DATA
US DATA: March Factory Orders Preview - 10:00 EDT/15:00 BST
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- Factory orders are expected to rise by 1.5% based on both the Bloomberg
consensus and  MNI survey of analysts after a 0.5% decline in February and a
flat reading in January. 
- Durable goods orders were already reported as up 2.7% on a large aircraft
rebound, while nondurable orders are expected to rise on a further gain in
energy prices.
- Durable goods orders ex. transportation were up 0.4% in March, so barring any
revision to that figure and the expected gain in nondurable goods orders,
factory orders ex transportation should posted another increase in the month.