Fx Primus Rebates

US July factory orders -0.8% vs -0.6% expected

US July factory orders and revisions to durable goods orders Durable goods orders revisions – July durable goods orders -1.7% vs -1.7% – Ex transportation +0.1% vs +0.2% prelim The revision to core orders is a solid sign but factory orders overall were on the soft side. Core orders have risen for four consecutive months in…