US Industrial Production MoM came in at 0% vs 0.1% exp. and -0.3% previously
- Manufacturing production also came in below expectations, dropping -0.4% MoM vs -0.3% exp.
- Production capacity utilization: 77.7% vs 77.8%
Overall US macro readings today suggest slightly slowing down economy. Very solid YoY retail sales growth above 5% was 'balanced' with weaker than expected monthly dynamic. US dollar (USDIDX) as well as US stocks declines slightly today.
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