2:16 PM · 15 June 2023

BREAKING: US industrial with unexpected monthly drop in May

US industrial production in May: -0.2% m/m. Expected: 0.05% m/m. Previously: +0.5% m/m

US capacity utilization (m/m) in May: 79.6% Expected: 79.7%; Previously: 79.7%)

US manufacturing output in May: 0,1% Expected: 0,1% Previously: 1%

US business inventories in May: 0,2% Expected: 0,2% Previously: -0,1%

Year-to-date, US production is down 1.5%. The EURUD pair is prolonging the upward wave.

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