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US: Multitude of data sets to steal the limelight – TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Annette Beacher, Chief Asia-Pac Macro Strategist at TD Securities, suggests that the US employment cost index is forecast to accelerate to +0.8% (mkt +0.6%) in Q3, reinforcing the stability in underlying inflation.

    Key Quotes

    “The market will also be focused on the Chicago PMI for October (expected to increase to 49.5 from 48.7) and the revised print for the University of Michigan measure of consumer confidence which is forecast to have increased to 92.5 from 92.1.”

    “Note that personal income and spending for September will also be released, though the information released here will have been incorporated in the Q3 GDP report. Scheduled remarks from Fed officials are not expected to touch on policy.”
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