IB Traders Insight - Macro - Empire State manufacturing - TopicsExpress

IB Traders Insight - Macro - Empire State manufacturing index The first economic release of the week was strong, yet unlikely to be sufficiently strong to contend with growing tension reported from Iraq over the weekend. Manufacturing activity accelerated in the tri-state area in June according to the New York Federal Reserve with its business index bucking consensus by rising to 19.28 and its highest level since June 2010. The advance was helped by surging new orders, where the component index also advanced to its strongest since June 2010. (To read the full article please click bit.ly/1iB44Od)

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