Analysts at TD Securities are projecting the US industrial production to slow from its solid 0.6% m/m jump in August to 0.2% in September, largely reflecting fading manufacturing output and despite an expected rebound in growth for the utilities sector. Key Quotes “We project a flat print for manufacturing, as less supportive global demand and continued trade uncertainty continues to drag production lower. In addition, the month-long strike by GM workers is a clear risk to the downside for activity in September.” “Separately, the market expects the Philly Fed manufacturing index to post its third consecutive decline in October to 8.0, from 12.0 before. Note that largely positive signals from the Philly Fed’s ISM-adjusted index in recent months have notably deviated from the decline in the more widely followed ISM manufacturing index.” 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 NZD/USD: Stuck in a range – Westpac FX Street 4 years Analysts at TD Securities are projecting the US industrial production to slow from its solid 0.6% m/m jump in August to 0.2% in September, largely reflecting fading manufacturing output and despite an expected rebound in growth for the utilities sector. Key Quotes "We project a flat print for manufacturing, as less supportive global demand and continued trade uncertainty continues to drag production lower. In addition, the month-long strike by GM workers is a clear risk to the downside for activity in September." "Separately, the market expects the Philly Fed manufacturing index to post its third consecutive decline in October to… 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.
