US August Core Durable Goods Orders Rise 0.3%, Missing 0.6% Forecast

The miss matters less for the headline than for what it says about the durability of the capital-spending upswing: core orders had been running at a firmer pace, and a softer print invites the question of whether July's gain was the high-water mark rather than a trend. This lands on a market already sensitive to growth signals, where any cooling in business investment feeds directly into rate-path expectations and, by extension, risk appetite across crypto and other growth-sensitive assets. Whether the next print confirms a genuine downshift or merely a one-month pause is the open question.