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Analysts at TD Securities are looking for the US industrial production to post a 0.1% increase in January (market: 0.1%), helped by unseasonably cold temperatures that will fuel utilities output.

Key Quotes

“Import prices are projected by the market to decline by 0.2% in January, while Empire Manufacturing is expected to improve to 7.0 for February.”

“University of Michigan Consumer Sentiment for February will round out the data calendar, with the market looking for the index to recover to 93.5 after a sharp pullback in January.”