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Markets

Philly Fed Jan business outlook -3.5 vs -5.9 expected

Philly Fed business outlook:

  • Prior was -5.9 (revised to -10.2)
  • New orders -1.4 vs -11.1 prior
  • 6-month capex +9.4 vs +10.7
  • Employment -1.9 vs +2.2 prior
  • Prices paid -1.1 vs -8.3 prior

Decent report but the ECB is the main event.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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