US industrial production slightly below expectations

Total industrial production in the US rose 0.4% in August, easing from 0.9% growth in July and missing market consensus of a 0.5 % advance. Late-month shutdowns related to Hurricane Ida held down the gain in industrial production by an estimated 0.3% point. Although the hurricane forced plant closures for petrochemicals, plastic resins, and petroleum refining, overall manufacturing output rose 0.2%. Mining production fell 0.6%, reflecting hurricane-induced disruptions to oil and gas extraction in the Gulf of Mexico. The output of utilities increased 3.3%, as unseasonably warm temperatures boosted demand for air conditioning.

EURUSD bounced off the 50 SMA (green line) after today's data releases and is heading towards next resistance level at 1.1825. Source:xStation5

17 April 2026, 8:11 AM

Economic Calendar: A Calm End to the Week!

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

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