October 2017 US Philly Fed business outlook index 19 October 2017

  • Prior 23.8
  • New orders 19.6 vs 29.5 prior
  • Employment 30.6 vs 6.6 prior
  • Prices paid 38.1 vs 34.4 prior
  • Capex 37.7 vs 39.0 prior
  • 6m expectations 46.4 vs 55.2 prior

Another strong print in the prices copmponent. Bring on the inflation. The dollar isn’t reacting though. USDJPY still sits near day’s lows at 112.39.

Ryan Littlestone

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