US Chicago PMI much below expectations

15:47 29 December 2023

 US Chicago PMI for December

  • 46,9 pts vs 51 pts exp. and 55,8 pts

Much weaker than expected regional Chicago PMI index may be 'interpreted' as a part of general weaker US macro readings in December. Lagging Fed rate hikes effect? Source: Bloomberg Financial LP

EURUSD gains after weaker than expected US macro reading. Source: xStation

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