• U.S. consumer confidence and manufacturing data in focus – TD Securities

Market news

24 September 2019

U.S. consumer confidence and manufacturing data in focus – TD Securities

Analysts at TD Securities are expecting the U.S. Conference Board's consumer confidence index to decline modestly to a still-solid 133.3 in September from 135.1 before.

  • “The strength of the index continues to be the result of a solid labor market, despite the recent slowdown in the pace of hiring.
  • Separately, the Richmond Fed manufacturing index is projected to stay unchanged at 1 for September following the sharp 13-point jump in the prior month. The stabilization in the index would fall right in the middle of the NY Empire and Philly Fed surveys, which are giving divergent signals for the sector in September.”   

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.