Regional Kansas City Fed and Chicago PMI show further decline

Today we knew two more US regional indices from Chicago and Kansas region. Both showed further cooling, falling much below markets expectations.

• US Chicago PMI Actual 41.4 (Forecast 46, Previous 44.0)
• Kansas City Fed Composite Index Actual -7 (Forecast -3.5, Previous -4)
• Kansas City Fed Manufacturing Actual -9 (Forecast -, Previous 3)

Regional reading came in weak but another macro data today such as GDP or jobless claims as well as UoM sentiments were today stronger than expected. USDIDX gains more than 0,2% today and hold support at 104 level, where we can see 23,6 Fibo retracement level and short term moving averages.

USDIDX (interwal M30)

Source: xStation5