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US: ISM Manufacturing likely to edge lower to 57.5 in November – TDS

Analysts at TD Securities expect the US ISM Manufacturing to edge lower to 57.5 from 57.7, which would represent the third consecutive decline from August’s post-crisis high.

Key Quotes

“Motor vehicle sales for November will be released throughout the day with the market consensus looking for sales to slow to a 17.2m unit pace. There are also several Fed official scheduled to speak, including Clarida, Quarles, Williams, Brainard, and Kaplan.”

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