March Dallas Fed manufacturing index +0.2 vs -0.2 prior

Prior was +0.2New orders +6.1 vs +11.8 priorPrices paid 32.7 vs 31.7 priorEmployment -1.0 vs +7.5 priorThe surging energy market is undoubtedly a boom for Texas, even with the associated inflation headwinds. However it's going to be tough to pull the trigger on fresh drilling unless executives feel that the war will continue.The comments in the report might…………………………………………………………………………………………………………………… The surging energy market is undoubtedly a boom for Texas, even with the associated inflation headwinds. However it's going to be tough to pull the trigger on fresh drilling unless executives feel that the war will continue. The comments in the report might be more representative of how higher energy is hitting the broader economy: 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.