News
🚨 🇺🇸 Chicago business activity cools more than expected to 55.3, 🇱🇾 Libya pipeline halted by armed group
🚨 🇺🇸 Chicago business activity cools more than expected to 55.3, 🇱🇾 Libya pipeline halted by armed group
- 🇺🇸 The Chicago business barometer fell to 55.3 in October from 58.8, below the 56.1 expected, though still well inside expansion (newswires, )
- 🇱🇾 Libya's National Oil Corporation says an armed group shut a valve on the Hamada to Zawiya crude pipeline, halting pumping and putting around 15,000 barrels a day of supply to the Zawiya refinery at risk (NOC statement, newswires, )
FO view: The Chicago slide is a second-tier print but adds to the cooler US tone after in-line labour costs and the tech sell-off, while Libya is a small supply hit that only matters because Hormuz already has the market on edge.
Not investment advice.