Focus on U.S. manufacturing and consumer confidence data – TD Securities

Noticias del mercado

27 agosto 2019

Focus on U.S. manufacturing and consumer confidence data – TD Securities

Analysts at TD Securities note the market expects the Richmond Fed Manufacturing Index of U.S. to register its first improvement in six months with a 10pt gain to -2 in August.

“The index was as high as 14 back in February but has since declined to -12, in line with the ongoing woes in the manufacturing sector.
Separately, the Conference Board's consumer confidence index is expected to have given back some of its July gain, dropping to a still-strong 129 level in August from 135.7 before.”

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