Forex
globalreutersApril 15, 20241 Mins read
February eurozone industrial production -6.4% vs -5.7% expected
globalreutersApril 15, 20241 Mins read - Production up 0.8% m/m vs +0.8% expected
- Prior was -3.2% (revised to -3.0%)
- Production -6.4% vs -5.7% expected
- Prior y/y reading was -6.7% (revised to 6.6%)
The big miss on the y/y reading despite higher revisions to the prior suggest some deeper negative revisions down the line.
Any way you slice it, a 6.4% reduction in industrial production is disastrous.
This article was written by Adam Button at www.forexlive.com.
Related Articles
Global Market Weekly Recap: September 16 – 20, 2024
It was a hectic week in the global financial markets, as the...
FX Weekly Recap: September 16 – 20, 2024
Although the FOMC decision was the main event on everyone’s radars, there...
Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.
Mixed end to the day for the major indicesQualcomm has approached Intel...
Mixed end to the day for the major indices
The major US stock indices are closing the day with mixed results....
Leave a comment