U.S. factory orders (monthly rate) in June fell short of expectations: -0.3% vs 0.2%

U.S. June factory orders fell 0.3% MoM, missing the 0.2% forecast. Weak manufacturing demand may dampen Fed rate cut expectations and pressure liquidity.

The actual reading for U.S. factory orders (monthly rate) in June was -0.3%, lower than the expected 0.2% and the previous value of -1.3%. This disappointing figure indicates weak demand in the manufacturing sector, which could dampen expectations of a rate cut by the Federal Reserve and exert potential pressure on liquidity.