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5 Mar 2020

US: Factory Orders declined 0.5% in January vs. -0.1% expected

Factory Orders fell more than expected in January.
US Dollar Index continues to push lower below 97.

Factory Orders in January declined by 0.5%, or $2.3 billion, on a monthly basis following December's increase of 1.9%, the data published by the US Census Bureau showed on Thursday. This reading came in worse than the market expectation for an increase of 0.1%.

"New orders for manufactured durable goods in January, down two of the last three months, decreased $0.4 billion or 0.2% to $246.0 billion, unchanged from the previously published decrease," the publication further read.

USD selloff continues

The US Dollar Index edged lower on the disappointing data and was last down 0.47% on a daily basis at 96.60.

Mar 5, 2020

United States Factory Orders (MoM) came in at -0.5% below forecasts (-0.1%) in January

UK govt spokesman: Significant differences with EU in areas such as fishing, level playing field

"There are significant differences in areas such as fishing, governance, criminal justice and the so-called level-playing field," a spokesperson for t