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New York factory activity expands for second month while outlook improves
New York state factory activity expanded in February for a second month and manufacturers grew more upbeat about future business. The Federal Reserve Bank of New York’s general business conditions index was little changed at 7.1, figures issued Tuesday showed. Readings above zero indicate expansion, and the figure topped the median estimate in a Bloomberg survey of economists. The overall outlook gauge climbed to the second-highest level since 2022. A measure of expected bookings over the next six months rose to a more than one-year high, while the hiring outlook was the strongest since 2022. Capital spending plans ... (full story)
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Business activity rose modestly in New York State in January, according to firms responding to the Empire State Manufacturing Survey. Alter dipping slightly below zero last month, the headline general business conditions index climbed eleven points to 7.7. New orders increased, and shipments grew at a solid pace. Delivery times were unchanged and ...
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From forex.com | Feb 17, 2026
Last week I warned that the grinding nature of gold’s rally was reminiscent of a dead cat bounce — a bearish pattern that can lure bulls into a false breakout before turning sharply lower. Given the article was published near last week’s high, the timing of gold’s subsequent selloff has proven fortunate. Gold futures have since fallen 5.6%, with two of the ...
