US Industrial Production MoM (Mar) M/M -0.5% vs. Exp. 0.1% (Prev. 0.2%, Low. -0.5%, High. 0.5%)
The US Industrial Production for March fell by 0.5%, significantly missing expectations of a 0.1% increase, indicating a potential weakening in manufacturing activity.
BASF (BAS GY) to increase the price of neopentyl glycol in the US and Canada; includes all grades and packaging
ECB's Schnabel slide release titled "Europe’s successes and the path forward"
US Industrial Production MoM (Mar) M/M -0.5% vs. Exp. 0.1% (Prev. 0.2%, Low. -0.5%, High. 0.5%)
The army is preparing to halt combat operations in Lebanon between 19:00-00:00 local time (17:00-22:00 BST), according to Al Hadath citing Haaretz
Senior Iranian officials have grown frustrated with a plan to generate revenue from shipping in the Strait of Hormuz, with little money collected despite expectations of significant income, Iran International reports citing sources
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This decline could have implications for economic growth forecasts and may influence the Fed's policy outlook, suggesting a more cautious approach to rate hikes going forward.
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