2:16 PM · 16 May 2023

BREAKING: USD ticks high after industrial production data beat

US industrial production reading for April was released today at 2:15 pm BST. Report was expected to show 0.0% MoM in APril - neither growth, nor decline from previous month. Actual data turned out to be much better-than-expected with industrial production coming in at 0.5% MoM. Manufacturing production data also turned out to be a beat while capacity utilization matched estimates.

  • Industrial production: 0.5% MoM vs 0.0% MoM expected (+0.4% MoM previously)
  • Manufacturing production: 1.0% MoM vs 0.1% MoM expected (-0.8% MoM previously)
  • Capacity use: 79.7% vs 79.7% expected (79.8% previously)

While beat in industrial production that was quite large, market reaction was fairly muted. US dollar gained and EURUSD made another attempt at breaking below short-term support at 1.0880. 

Source: xStation5

US industrial production increased 0.5% MoM in April. Source: Macrobond, XTB

12 June 2026, 8:36 AM

Macro Calendar: Wrapping up an intense week (12.06.2026)

11 June 2026, 7:11 PM

Daily summary: “TACO Moment” supports indices rebound

11 June 2026, 1:47 PM

🔵 ECB CONFERENCE (LIVE)

11 June 2026, 1:39 PM

BREAKING: Mixed PPI data from US, claims higher

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits