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US: All eyes on PMI data - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Research Team at TDS, suggests that the US preliminary Markit PMI data for February is due out at 945 ET and the market does not expect the index to sway widely from its level in January.

    Key Quotes

    “The consensus has the index increasing by 0.1 to 52.5; TD is markedly more bearish and sees PMI declining to 51.8. Rounding out a barren calendar is the Chicago Fed Index, for January.”
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