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.
Daily summary: Wall Street sells off, gold sells off, dollar keeps winning the risk-off (20.03.2026)
Three markets to watch next week (20.03.2026)
Market Wrap: European Stocks Bounce Back as Oil Nears USD 110
Chart of the Day: EURUSD Under Pressure from the Fed, the Persian Gulf, and Inflation