- Prior was -0.3% (revised down to -0.4%)
- Capacity utilization 76.8% vs 77.3% expected
- Manufacturing output +0.2% vs +0.5% expected
- Prior output -0.5% (revised to -0.7%)
This is three months in a row of declining output.
The long end is picking up and has released the earlier selloff.
This article was written by Adam Button at www.forexlive.com.
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