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US: Industrial production expected to decline - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Research Team at TDS, suggests that the US Industrial production is expected to decline in March and the TD is looking for –0.5% (mkt –0.1%) and a deterioration in capacity utilization to 75.1% (mkt 75.3%) from a downwardly revised 75.4%.

    Key Quotes

    “Preliminary consumer confidence for April from the University of Michigan should rebound from 91.0 to 93.2 following three consecutive declines, though the market is a touch more bearish at 92.0. Long-term inflation expectations are likely to be closely monitored for potential Fed implications.”
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