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: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
BREAKING: US jobless claims slightly higher than expected
Economic calendar: US Jobless Claims and ECB Speeches to Offer Markets Breathing Room (12.02.2026)
BREAKING: Pound frozen after lower-than-expected GDP data from UK 🇬🇧 📉