US DATA: Aug Ind Production +0.2% vs +0.9% Jul (unrevised), putting
Cap-U at a still modest 77.4%. Mfg +0.5% “after a similarly sized gain
in Jul, and the rates of change were rev down slightly in April, May,
and June.” Utilities -3.0% vs +2.8% July as temps moderated, and mining
+1.2% in a continuation of a string of gains. Mfg gains were widespread
except for -0.2% in construction supplies. The data were largely as
expected.