June US industrial production +0.4% vs +0.3% expected

June production and capacity utilization
– Prior was 0.0% (revised to +0.1%)
– Capacity utilization 76.6% vs 76.4% prior
– Manufacturing production +0.2% vs +0.2% exp
It’s a bit of good news for the US dollar but it’s a second-tier indicator so it’s not going to turn the dollar today. U Mich sentiment is out at the top of