US Economic Statistics - New York Fed Manufacturing Index - Producer Price Index
(1) February New York Fed Manufacturing Index
In the last release, it caused a stock drop due to surprising decline. This release also shows a low level, but it did not seem surprising.
2021 December = 31.9 2022 January = -0.7 2022 February = 3.1
(1) January Producer Price Index (Wholesale Price Index)
Year-on-year, it remains high.
Month-on-month, it rose sharply again.
From the above, the market believes that the economy is slowing and prices remain high.
Today, more than that,
Russia clarified that it would withdraw some of the units amassed near the Ukraine border. And President Putin said he desires a diplomatic resolution to the tensions with the United States and its allies.
In response, crude oil prices fell, gold prices fell, the euro rose, and stock prices rose.
