Industrial production in the US decreased to -0.7% MoM in December, from downwardly revised -0.6 % MoM decline in November and missing market consensus of a -0.1% MoM drop.
On the annual basis industrial production decreased to 1.6%% year-on-year in December, from 2.5% in November.
US100 continues to move higher and is testing long-term downward trendline as investors expect less hawkish FED. Source: xStation5
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
BREAKING: EU GDP data slightly above expectations! 📈💶
DE40: European markets extend decline