United States NY Empire State Manufacturing Index Came in at -16 Below Forecasts (-5.5) in June
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5 Articles
USD/INR slides below 86.00 as Empire State data signals deeper US slowdown
The Indian Rupee recuperates after 2 days of losses, tracking a weaker United States Dollar Index. Fresh trade information and alleviating wholesale inflation assistance INR belief. USD/INR slips listed below 86.00 as softer United States factory information weighs on the United States Dollar. RBI intervention expectations anchor the Rupee in spite of Middle East hostilities The Indian Rupee (INR) reinforces versus the United States Dollar (USD)…
New data on the economy of the US: the New York Empire State Index for the month of June is weaker than expected at -16.0 in the headline compared to -16.0 (the forecast was -5.9; the previous month was -9.2). The New York Fed writes: "Business activity in the state of New York continued to deteriorate in June, as the [...] The post New York Empire State Index is weak, but price increases are accelerating appeared first on financial marketwelt.d…
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