US Chicago PMI much below expectations

3:47 PM 29 December 2023

 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

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

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