Total industrial production in the US increased to 0.9 % in July, easing from a downwardly revised 0.2% growth in June and above market consensus of a 0.5 % advance. Capacity utilization 76.1% versus 75.7% estimate. Prior month remained unchanged at 75.4%. Manufacturing output increased 1.4% versus -0.3% last month (revised from -0.1% previously reported).
US100 continues to move lower after today’s data release and is heading towards major support at 15,000 pts. Source: xStation5
Wall Street indices are edging lower after the holiday break, with some profit-taking following Tuesday’s gains. The S&P 500 advanced 1.1%...
11:16Interest rates in Turkey have been lowered by 250 basis points to 47.5% from 50%. A cut to 48.5% was expected. It is worth mentioning that inflation has...
09:32The US100 is retreating just below 22000 points today, after a strong rally on Tuesday, Christmas Eve. The growth was driven by technology companies. Strong...
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