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US and Canadian trade figures in focus – BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at BBH, suggests that the US and Canada both report November trade figures today.

    Key Quotes

    “The focus in the US, however, will be on the ADP employment estimate (consensus is just below 200k), the service sector ISM, durable goods orders and late in the session, the minutes from the December FOMC meeting. Despite the equity market sell-off and the string of weaker data that prompted the Atlanta Fed to slash its Q4 GDP tracker to 0.7%, expectations for the March FOMC meeting have barely changed since December 18, before the holidays sapped market liquidity and participation.”
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