Richmond Manufacturing Grossly Negative
You won't see it mentioned anywhere as it 'supposedly' has no effect on the Markets. It can be an insight into the next ISM numbers that come out. The Richmond index is Fed District 5 consisting of the Virginia's, Carolina's, Maryland and DC. It would be surprising to see the President mention it as it is the index for the states surrounding the Capitol. The prior reading was a 20, anticipated was 18 and the actual is a 7. Now to me that is some considerably Negative results and you probably won't hear about it.
Good Trading and be Safe!
9:59am Richmond Manufacturing Index Actual 7 Anticipate 18 Prior 20
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!