Industrial production in the US decreased to -0.20 % in August, from 0.6% MoM increase in July and missing market consensus of a 0.1% MoM advance. It is the worst reading since late 2021.
On the annual basis industrial production decreased to 3.7% year-on-year in August, from 3.9% in July.
EURUSD pair erased some of the early gains and is once again testing parity level. Source: xStation5
Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength
NFP: A turning point for the dollar and the start of a stock market correction?
BREAKING: US Payrolls Skyrocket 🚀 🇺🇸 EURUSD Slumps 0.2% 📉
Economic Calendar: NFP Report from the US Labor Market Takes Center Stage
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
