AI Data Insight
The MoM growth rate of the latest US durable goods orders reported 0.0%. Although rebounding from the previous -1.4%, it fell far short of the market's expected 1.2% growth. Core capital goods orders, excluding transportation and defense, also showed flat performance, indicating a slowdown in short-term corporate equipment investment momentum. Looking ahead, close attention must be paid to the dual risks of tariff policies and geopolitics driving up oil prices.