US Industrial Production growth disappointed in June, rising just 0.4% MoM (vs +0.6% exp) and down from the revised-loser 0.7% MoM rise in May...

Source: Bloomberg

More problematic though is that US Manufacturing production shrank in June (dropping 0.1% MoM vs expectations for a 0.3% rise and May's 0.9% rise)...

Source: Bloomberg