US June Philly Fed +1.3 vs +5.0 expected ...Middle East

Prior was +4.5Employment: -2.5 vs -10.7 priorNew orders: -2.2 vs +12.2 priorPrices paid: +22.5 vs +23.0 priorPrices received: vs +5.5 priorShipments: vs +19.1 priorUnfilled orders: vs +0.8 priorDelivery times: vs -9.4 priorInventories: vs -8.9 priorAvg employee workweek: vs -18.7 priorThe prior reading was a jump to a two-year high so a retracement here isn't a big surprise or a sign of a weakening economy. This article was written by Adam Button at www.forexlive.com.

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