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.
Risk sentiment stays skewed towards the softer side in European morning trade
Risk tones remain more defensive but not quite as much as earlier in the day
A snapshot of the risk barometers in the market reveals that the softer risk sentiment is still prevailing but things are slightly calmer in European trading so far:
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