'Goldilocks' Empire Fed Manufacturing Survey Surges To One Year High

'Goldilocks' Empire Fed Manufacturing Survey Surges To One Year High

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New York manufacturing index in November hits highest level in a year

The general-business conditions index of the Empire State Manufacturing Survey rose 8 points to 18.7 in November, its fourth positive reading in the past five months and highest in a […]

Dollar Sees Support from Positive Empire Report and Reduced Fed Rate-Cut Expectations

The dollar index (DXY00 ) on Monday rose by +0.25%. The dollar saw support from the rise in the Nov Empire manufacturing general business conditions index to a 1-year high. The dollar also had carryover support from last week when a parade of Fed presidents said they favored keeping interest...