Analysts at TD Securities (TDS) offered a brief preview of some second-tier US economic releases on Thursday, though the market will continue to look toward trade headlines for direction. Key Quotes: “With the FOMC minutes out of the way, the market will continue to look toward trade headlines for direction. The ongoing uncertainty about whether a Phase 1 deal can be finished suggests that volatility should remain elevated. This can also keep markets pricing in more 2020 rate cuts as the higher probability of trade tensions can keep economic fundamentals under pressure.” “The Philly Fed manufacturing survey will give us a new indication about the performance of the sector in November, with the consensus looking for a modest increase to 6.0 from 5.6 in October. Separately, existing home sales are expected to increase 2.0% m/m in October following a -2.2% decline in the prior month. Sales have picked-up recently under an environment of low mortgage rates, which has also helped to support the rest of the housing sector.” 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 No respite from trade uncertainty – ING FX Street 3 years Analysts at TD Securities (TDS) offered a brief preview of some second-tier US economic releases on Thursday, though the market will continue to look toward trade headlines for direction. Key Quotes: "With the FOMC minutes out of the way, the market will continue to look toward trade headlines for direction. The ongoing uncertainty about whether a Phase 1 deal can be finished suggests that volatility should remain elevated. This can also keep markets pricing in more 2020 rate cuts as the higher probability of trade tensions can keep economic fundamentals under pressure." "The Philly Fed manufacturing survey will give… 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.
