Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

A report released by the Commerce Department on Wednesday showed an unexpected increase in new orders for U.S. durable goods in the month of February.

The Commerce Department said durable goods orders jumped by 1.2 percent in February after a revised uptick 0.1 percent in January.

Economists had expected durable goods orders to decrease by about 0.8 percent compared to the 0.2 percent dip that had been reported for the previous month.

The unexpected increase in durable goods orders was largely due to a substantial rebounded in orders for transportation equipment, which spiked by 4.6 percent in February after falling by 0.9 percent in January.

"For once that wasn't driven by the volatile aircraft orders figures, but instead reflected a 1.8% increase in vehicle orders and a 32% m/m surge in other transport orders," said Michael Pearce, Senior U.S. Economist at Capital Economics.

However, excluding the jump in orders for transportation equipment, durable goods orders fell by 0.6 percent in February after climbing by 0.6 percent in January. Economists had expected a 0.4 percent drop.

Orders for fabricated metal products, primary metals and computers and electronic products showed notable decreases, offsetting a jump in orders for electrical equipment, appliances and components.

The report also said orders for non-defense capital goods, excluding aircraft, a key indicator of business spending, fell by 0.8 percent in February after surging up by 1.0 percent in January.

Shipments in the same category, which is the source data for equipment investment in GDP, slid by 0.7 percent in February after jumping by 1.1 percent in the previous month.

"The rise in durable goods orders in February reflected a surge in transport orders, with underlying capital goods orders and shipments falling back," Pearce said.

He added, "That suggests business equipment investment was on track to broadly stagnate in the first quarter, even before the virus crushed domestic demand."

Next Thursday, the Commerce Department is due to release a separate report on factory orders in the month of February, which includes orders for both durable and non-durable goods.