Philadelphia Fed Manufacturing Survey: 20.9

Actual20.9

Forecast28.4

Previous37.8

Surprise -0.94σ

VerdictBELOW FORECAST

ReadBonds BULLISH · Equities BULLISH

Philadelphia Fed Manufacturing Survey: Actual 20.9, forecast 28.4, prev 37.8. Surprise: BELOW FORECAST by 0.9 sigma. Desk read: Bonds BULLISH · Equities BULLISH.

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