February 2018 US industrial production 16 March 2018

  • Prior -0.1%
  • Capacity utilisation 78..1% vs 77.7% exp. Prior 77.5%
  • Manufacturing production 1.2% vs 0.5% exp m/m. Prior 0.0%

Decent numbers here and the Cap U moving higher is good news as it means the US machine is stepping up a gear. Some caution though as autos and mining stepped up to help the gains. Durable goods rose a good 1.8% vs -0.4% prior in manufacturing but consumer goods in final products only rose 0.1%.

The dollar is higher across the board but that was happening well beofre the data.

US IP details

US IP details

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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