US core durable goods orders posted unexpected fall in April

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Source: Forexpros
Core durable goods orders in the US declined unexpectedly in April, falling by second month in line. Orders of core durable goods dropped by 0.6% on a seasonally adjusted basis, confronting forecast of  a 0.9% rise, reported the US Census Bureau. Meanwhile, total orders of durable goods eased up by adjusted 0.2% last month while experts predicted a 0.5% gain.


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