The US Commerce Department's advance report on June durable goods orders showed a month-on-month increase of 0.3 percent, improving from a decline of 4.0 percent in May. The advance reading for shipments of manufactured capital goods, nondefense excluding aircraft, rose 1.9 percent from the prior month, accelerating to its highest level since December 2021 and signaling solid business investment. Weekly initial jobless claims fell to their lowest since 1969, confirming stability in the labor market. The Federal Open Market Committee is expected to hold policy rates steady this week, while short-term money markets are pricing in a rate hike probability of just under 40 percent. President Trump renewed pressure for lower interest rates, but the latest inflation indicators suggest moderation, and the need for an imminent rate hike appears limited, making a near-term policy hold highly justifiable.