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US: ISM manufacturing likely to decrease – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at Danske Bank, expects the US ISM non-manufacturing index to decrease a little to 58 from the October figure of 59.1.

    Key Quotes

    “This is still a very high level indicating that the domestic part of the economy is in good shape. If the services sector holds up reasonably well, this should pave the way for the Fed despite the dire manufacturing ISM earlier this week. Note also that Fed's Yellen and Fischer will be speaking today.”
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