US Chicago PMI for December
- 46,9 pts vs 51 pts exp. and 55,8 pts

Much weaker than expected regional Chicago PMI index may be 'interpreted' as a part of general weaker US macro readings in December. Lagging Fed rate hikes effect? Source: Bloomberg Financial LP
EURUSD gains after weaker than expected US macro reading. Source: xStation
BREAKING: Philly Fed lower than expected, manufacturing weakens but outlook improves 📌
BREAKING: German PPI slightly above expectations!
Economic calendar: delayed NFP report and speeches from Fed officials 👀
Morning wrap (20.11.2025)