Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Friday showing U.S. durable goods orders tumbled by much more than expected in the month of November.
The report said durable goods orders plunged by 2.1 percent in November after climbing by a downwardly revised 0.7 percent in October.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.