US October industrial production -0.3% vs -0.3% expected

• Prior was -0.4% (revised to -0.5%)
• Capacity utilization 77.1% 77.2% expected
• Prior utilization 77.4%

There are two poor readings in a row but today’s Empire Fed was very strong and that may highlight a return to growth in the months ahead.

This article was written by Adam Button at www.forexlive.com.