1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

US economic data likely to disappoint - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Delhi) – Research Team at BBH, suggests that the risk is that unseasonably warm weather and the oil slump weighed on US industrial output, even though the jobs data showed an unexpected increase in manufacturing employment.

    Key Quotes

    “Retail sales may disappoint, with lower gasoline prices and a sequential decline in auto sales weighing on the headline. The GDP components may fare better, even after the 0.6% rise in November. Given that new Fed action is not on the table at the FOMC meeting at the end of the month, the Beige Book is unlikely to move the market.”
    For more information, read our latest forex news.
     

Share This Page