The Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from -15.1 in June to -17.5, compared to analyst forecast of -12.Production Index declined from 0.7 in June to -1.3 in July, while New Orders Index decreased from -1.3 …
Read More »Eurozone Industrial Production expands by 0.9% in September
Industrial Production in the euro area and the European Union expanded by 0.9% on a monthly basis in August, the data published by Eurostat revealed on Monday. This reading came in better than the market expectation for an increase of 0.3%. On a yearly basis, Industrial Production in the euro …
Read More »Eurozone Industrial Production jumps 1.5% MoM in August
Eurozone’s Industrial Production increased more than expected in August, the official data published by Eurostat showed on Wednesday, suggesting that the bloc’s manufacturing sector activity is regaining traction. The industrial output in the old continent jumped by 1.5% MoM vs. a 0.6% increase expected and -2.3% last. On an annualized …
Read More »Eurozone Industrial Production rises 0.7% MoM in June
Eurozone’s Industrial Production increased more than expected in June, as Eurostat published on Friday, suggesting that the bloc’s manufacturing sector activity recovery is back on track. The industrial output in the old continent increased 0.7% MoM vs. a 0.2% rise expected and 2.1% last. On an annualized basis, the industrial …
Read More »Eurozone Industrial Production rises 0.8% MoM in May, beats estimates
Eurozone’s Industrial Production increased more than expected in May, the official data published by Eurostat showed on Wednesday, suggesting a gradual upturn in the bloc’s manufacturing sector activity. The industrial output in the old continent arrived at 0.8% MoM vs. a 0.3% rise expected and 0.5% last. On an annualized …
Read More »Euro Area Industrial Production Rises by 1.2% in December
Industrial Production in the euro area increased by 1.2% on a monthly basis in December, Eurostat reported on Wednesday. This reading followed November’s expansion of 2.4% but surpassed the market expectation of 0.3%. In the EU, Industrial Production was up 0.7%. On a yearly basis, Industrial Production in the euro …
Read More »US ISM Service, Scarcity Weighing On Production
Data released on Thursday showed the ISM Service Index dropped to the lowest level in 11 months in January. Analysts at Wells Fargo point out it reflects how a lack of available workers and persistent supply shortages “are weighing on firms’ ability to keep up with activity in the service …
Read More »Eurozone Industrial Production Drops in September
Eurozone’s Industrial Production in Germany showed a smaller-than-expected decrease in September, the official data published by Eurostat revealed on Friday, suggesting that the recovery in the manufacturing sector could be gaining traction. The industrial output in the bloc arrived at -0.2% MoM vs. a 0.5% drop expected and -1.6% last. …
Read More »WTI prices rally on U. S. production constraints
Oil prices rally as supply and demand conflict with West Texas Intermediate up near to 2% on the trading day.WTI crude expects substantial buying flow according to the Commodity Trading Advisor, supporting higher prices.WTI is currently trading at USD 75.33 and is higher by 1.85% from as low as USD …
Read More »Eurozone Industrial Production Falls by 1% in May
Eurozone’s Industrial Production in Germany showed a bigger-than-expected drop in May, the official data published by Eurostat showed on Wednesday, suggesting that the recovery in the manufacturing sector is losing momentum yet again. The industrial output in the bloc arrived at -1.0% MoM vs. a 0.2% drop expected and 0.6% …
Read More »