US April factory orders +0.3% vs +0.7% expected

• Prior was +2.2% (revised to +1.8%)
• Durable goods orders +0.5% vs +0.4% prelim
• Durable goods orders non-defense ex-air +0.4% vs +0.3% prelim
• Durables ex transport +0.4% vs +0.3% prelim

There are no big surprises here.