Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
UK Q2 GDP data on the agenda today
It is a quiet start to the day, with the dollar stabilising after a fall overnight following a rather on-the-mark US CPI data release.
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