Excluding transportation, orders were flat Outside of the stats, the FOMC released its monetary policy meeting minutes, which continued to point to an extended pause on rates. While inconclusive, the April figures suggest that March’s surge in spending could have been attributed to an element of hoarding ahead of Britain’s scheduled departure from the EU. An improvement in the Eurozone’s consumer confidence in May and a rise in German wholesale inflation in April failed to spur the EUR in the early part of the week.