According to analysts at Rabobank, for the markets the focus will be on the release of US industrial production, the Empire State Manufacturing index and the University of Michigan consumer sentiment survey. Key Quotes “In particular the latter two are for March, thus giving a relatively timely snapshot of economic sentiment in the wake of the US government shutdown. Both the Empire State index and the Michigan survey were surprisingly weak in January but then showed a modest rebound in February, so with the consensus looking for both indicators to show further improvement in March it is basically saying that the US economy is still going pretty strong and that the recent dip was likely transitory. This is also expected to be reflected in growing industrial production in February. Hence a failure of today’s US data to show such improvement could potentially throw such beliefs into doubt.” 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 USD/CAD reverses a dip to sub-1.3300 level, still in the red ahead of US/Canadian data FX Street 4 years According to analysts at Rabobank, for the markets the focus will be on the release of US industrial production, the Empire State Manufacturing index and the University of Michigan consumer sentiment survey. Key Quotes "In particular the latter two are for March, thus giving a relatively timely snapshot of economic sentiment in the wake of the US government shutdown. Both the Empire State index and the Michigan survey were surprisingly weak in January but then showed a modest rebound in February, so with… 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.
