FXStreet (Delhi) – Research Team at TDS, suggests that the Preliminary Markit Manufacturing PMI for January will give us a glimpse of aggregate manufacturing activity in the US before the more important ISM measure is released in two weeks. Key Quotes “TD looks for a reading of 51.0, largely unchanged from December’s 51.2 (consensus: 51.0). Existing home sales for December are due out at 10:00 ET; TD looks for sales to bounce back 13% m/m after plunging in November. This has been chalked up as a temporary effect due a change in regulation that delayed closing dates. The market consensus is for a 9.2% rebound.” For more information, read our latest forex news.