US Industrial Production YoY (Mar) Y/Y 0.7% vs. Exp. 1.8% (Prev. 1.4%)
The latest YoY industrial production figure for March came in at 0.7%, significantly below the 1.8% expectation and a slight increase from the previous 1.4%.
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 YoY (Mar) Y/Y 0.7% vs. Exp. 1.8% (Prev. 1.4%)
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 miss may suggest a slowdown in manufacturing activity, which could influence market sentiment on growth and the outlook for monetary policy, particularly regarding rate decisions from the Fed.
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