US Manufacturing Production YoY (Mar) Y/Y 0.5% vs. Exp. 2.0% (Prev. 1.3%)
The manufacturing production year-on-year figure coming in at 0.5%, significantly below expectations of 2.0%, suggests weakness in the sector.
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 Manufacturing Production YoY (Mar) Y/Y 0.5% vs. Exp. 2.0% (Prev. 1.3%)
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 miss may raise concerns about the overall health of the economy and could influence market sentiment, particularly in relation to future monetary policy and growth forecasts.
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