Industrial production in Germany fell by -2.02% year-over-year (seasonally adjusted), compared to forecasts of -1.4% and a previous reading of -0.42%.
- On a monthly basis, production declined by -1.4%, while expectations were for a -1% drop following a 3% increase in the previous month.
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰