US durable goods orders rose 2.0% to USD 246.0B in June, beat expectation of 0.7%. Ex-transport orders rose 1.2% to, also beat expectation of 0.2%. Excluding defense, new orders increased 3.1 percent.
Advance goods trade deficit narrowed -1.2% to USD 74.2B, but was larger than expectation of USD -72.4B. Wholesale inventories rose 0.2% mom, below expectation of 0.4% mom.