US Manufacturing Production MoM (Mar) M/M -0.1% vs. Exp. 0.1% (Prev. 0.2%, Low. -0.2%, High. 0.3%)
The US Manufacturing Production for March came in at -0.1%, missing expectations of a modest increase at 0.1%.
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US Manufacturing Production MoM (Mar) M/M -0.1% vs. Exp. 0.1% (Prev. 0.2%, Low. -0.2%, High. 0.3%)
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 negative print could indicate potential softness in the manufacturing sector, which may raise concerns about economic momentum and could influence future monetary policy considerations as well as sentiment in related markets.
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