US Manufacturing Production MoM (Feb) M/M 0.2% (Prev. 0.6%)
The US Manufacturing Production reading for February came in at 0.2%, a marked decrease from the prior month's 0.6%.
USTR Greer says a work plan was concluded on deliverables on China meeting, also discussed talks on possible US-China Board of Trade, what to export to China and the status of receiving rare earths
US President Trump posts "News Conference today, prior to Trump Kennedy Center Board Meeting."
US Manufacturing Production MoM (Feb) M/M 0.2% (Prev. 0.6%)
Japanese and US foreign ministers held telephone talks on the Strait of Hormuz, Nikkei reports
It is expected that some countries will soon announce their support for the operation to “secure the Strait of Hormuz”, an official in the US administration told Sky News Arabia
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This softer print may suggest a slowdown in manufacturing activity, potentially influencing economic growth forecasts and putting pressure on monetary policy considerations going forward.
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