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Usa: manufacturing index down, euro still lower

The Bloomberg survey on US consumer confidence shows a slight improvement, but the Chicago PMI drops significantly: the US recovery is weaker than expected. The euro hits a 23-month low.

Usa: manufacturing index down, euro still lower

After the not exciting data on employment american, lChicago Manufacturing Index confirms that the stars and stripes recovery is less brilliant than expected: the synthetic pmi in fact, it records a marked drop in the latest measurement, which stands at 52,7 points against a consensus forecast of 56,5 points.

The previous figure marked altitude 56,2.

The index Bloomberg on the other hand, there was a slight improvement in consumer confidence: while the previous figure stood at -42, today's measurement is -39,2 (the result of the survey can vary from 100 to -100).

The inventories of crude oil and natural gas, at 2,213 and 71 million cubic meters respectively. 

The opaque data on the American recovery were not sufficient to counterbalance the European tensions on the foreign exchange market: the euro against the dollar in fact reached a new low in the late afternoon, touching 1,2337. Analysts predict a depreciation of the single currency up to quota 1,20.

 


 

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