Home / Market Update / US: Philly Fed Nonmanufacturing Index Improves to -17.5 in January From -26.6 in December

US: Philly Fed Nonmanufacturing Index Improves to -17.5 in January From -26.6 in December

The Regional Business Activity Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey improved to -17.5 in January from -26.6 in December.

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Gold advanced in Asian trading, supported by safe-haven flows amid fresh worries about fiscal sustainability …