US: NY Empire State Manufacturing Index slumps to -0.70 in January vs. expected drop to 25.70 By Frank_Macro Manufacturing UnitedStates Macroeconomics
The DXY saw some mild weakness in an immediate reaction.
The headline General Business Conditions Index of the NY Fed's Empire State Manufacturing Survey slid to -0.70 in January, from December's 31.90 reading. That was much larger than the expected drop to 25.70 and marked the first time the reading had fallen into negative territory since June 2020.The Prices Paid subindex fell to 76.7 from 80.2. The Six-month Business Conditions subindex remained elevated at 35.1 versus 36.4 the month prior.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Nikon Nikkor Z 70-200mm f/2.8 S-Line lens reviewNikon’s Z 70-200mm f/2.8 lens is easily one of the most accomplished telephoto zooms out there, but is it worth the steep price?
Consulte Mais informação »
70% of Jamaica population to adopt CBDC in 5 years, prime minister saysThe Prime Minister of Jamaica is optimistic about the country's CBDC rollout. Andrew Holness has predicted that 70% of Jamaica's population will use digital JMD in the next five years
Consulte Mais informação »