According to the analysts at Westpac, the October month MI Leading Index is likely to come in weaker once again following September’s -0.92%. Key Quotes: “The Leading Index growth rate fell more materially below trend in September, to -0.92% from -0.24% in August. The signal indicates growth is likely to remain below trend through the first half of 2020. The October update looks likely to see another weak read. It will include softer component updates for the ASX200; the Westpac-MI Unemployment Expectations Index and total hours worked. It will also see more weak reads on US industrial production and commodity prices (-2% in AUD terms vs -3.7% last month). These will be partially offset by firmer reads for the Westpac-MI Consumer Expectations Index, dwelling approvals and a widening yield spread.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next 11th US-China Political Leaders Dialogue kicks off in Beijing – Global Times FX Street 3 years According to the analysts at Westpac, the October month MI Leading Index is likely to come in weaker once again following September's -0.92%. Key Quotes: "The Leading Index growth rate fell more materially below trend in September, to -0.92% from -0.24% in August. The signal indicates growth is likely to remain below trend through the first half of 2020. The October update looks likely to see another weak read. It will include softer component updates for the ASX200; the Westpac-MI Unemployment Expectations Index and total hours worked. It will also see more weak reads on US industrial production and commodity… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
