US DATA: Dec factory new orders +1.1%, below the +1.5% expecation.
nondur orders were -0.4% and dur orders were unrevised at +3.0%. Total
fac orders ex. transport +0.6%, transport orders up +5.4%. Factory
shipments +0.7%. with nondefense capital goods ex-air +3.1%.
Factory inventories +0.1%, unfilled orders +1.4%. Inv-to-shipments ratio
1.33 in Dec.
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