Richmond Fed manufacturing index for March was released at 2:00 pm GMT today. Report was expected to show no change compared to February, with the index staying at -5.0. Actual report turned out to be a negative surprise, with the index dropping to -11.0. USD dropped following the release, but this move was more likely driven by worse-than-expected release of Conference Board consumer confidence data for March, that was released simultaneously.
Source: xStation5
Economic calendar: inflation from Canada and GDP from Switzerland 🔎
Morning wrap (17.11.2025)
Daily summary: Wall Street tries to stop the sell-off 📌Gold down 1.8%, Bitcoin loses 4.5%
BREAKING: Canadian Wholesale & Manufacturing Sales higher than expected 📊USDCAD reacts