U.S. non-manufacturing PMI likely to firm in November – TDS

Market news

4 December 2019

U.S. non-manufacturing PMI likely to firm in November – TDS

Analysts at TD Securities are expecting a mild decrease in the U.S. non-manufacturing PMI, largely reflecting the recent moderation in consumer spending.

“Following the surprise to the downside in the manufacturing survey, we look for a modest decline in the non-manufacturing index to a still firm 54.5 in November following last month's 2pt gain to 54.7.”

China's Foreign Ministry: "China will not set a timetable for reaching or not reaching a trade deal and consultations must be based on equality and mutual respect," - Global Times

ECB widely expected to refrain from acting on monetary policy in December – UOB

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

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.