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.
ForexLive European FX news wrap: A case of the summer doldrums
Forex news from the European trading session - 12 August 2021
Headlines:
- ndemic progress
Markets:
- USD leads, AUD lags on the day
- European equities slightly higher; S&P 500 futures up 0.1%
Leave a comment