US NY Empire State Manufacturing Index (May) 19.60 vs. Exp. 8.1 (Prev. 11.00)

Newsquawk Staff · 15 May 2026, 12:50 UTC

What it means

The stronger-than-expected NY Empire State Manufacturing Index indicates improved manufacturing activity in New York, significantly above expectations. This could suggest a more robust economic outlook, potentially affecting Federal Reserve policy considerations and influencing growth-inflation dynamics.

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US Market Open, 21 Oct, 10:29 UTC · what it led with

Pakistan Army Chief Munir brought the "final warning" from the United States to Iranian officials, which called on Iran to submit to the US demands for concessions on the nuclear issue before taking any other steps.
The UK government has approved the Jackdaw North Sea gas field.

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Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%

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