Empire Fed April manufacturing index +11.0 vs -0.5 expected
News brief
Prior was -0.2New orders +19.3 vs +6.4 priorPrices paid +51.0 vs +36.6 priorEmployment +9.8 vs +5.8 priorSeparately, the US was out with import/export price data:Import prices +0.8% vs +2.0% expExport prices +1.6% vs +1.5% expThose numbers align with PPI data released earlier this week that were surprisingly benign.The Empire State Manufacturing Survey, publ… Prior was -0.2 New orders…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
Prior was -0.2New orders +19.3 vs +6.4 priorPrices paid +51.0 vs +36.6 priorEmployment +9.8 vs +5.8 priorSeparately, the US was out with import/export price data:Import prices +0.8% vs +2.0% expExport prices +1.6% vs +1.5% expThose numbers align with PPI data released earlier this week that were surprisingly benign.The Empire State Manufacturing Survey, publ… Prior was -0.2 New orders… Prior was -0.2 New orders +19.3 vs +6.4 prior Prices paid +51.0 vs +36.6 prior Employment +9.8 vs +5.8 prior Separately, the US was out with import/export price data: . Prior was -0.2 New orders +19.3 vs +6.4 prior Prices paid +51.0 vs +36.6 prior Employment +9.8 vs +5.8 prior Separately, the US was out with import/export price data: Import prices +0.8% vs +2.0% exp Export prices +1.6% vs +1.5% exp Those numbers align with PPI data released earlier this week that were surprisingly benign. The Empire State Manufacturing Survey, published monthly by the Federal Reserve Bank of New York… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
