Italian industrial production output better than expectations in January
Italian industrial production grew sequentially in the month of January. According to Istat, the seasonally adjusted industrial production index rose 1.7 percent, as compared with the prior month’s fall of 0.7 percent an…
Italian industrial production grew sequentially in the month of January. According to Istat, the seasonally adjusted industrial production index rose 1.7 percent, as compared with the prior month’s fall of 0.7 percent and consensus expectations of a rise of 0.1 percent. The percentage change of the average of the last three months with respect to the previous three months was -1.8.
On a year-on-year basis, industrial production index dropped 0.8 percent, as compared with the fall of 5.5 percent in the prior month and consensus expectations of a fall of 3 percent.
The unadjusted industrial production index dropped 0.9 percent compared with January 2018.
At 12:00 GMT the FxWirePro's Hourly Strength Index of Euro was highly bearish at -102.34, while the FxWirePro's Hourly Strength Index of US Dollar was slightly bullish at 72.2081 more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
