14 Oct 2013
Flash: What about US data? - BBH
FXstreet.com (London) - Research teams at BBH note that the US Government is still in shutdown and commented on key economic data market requirements.
Key Quotes:
“Although the partial closure of the federal government in the US is disrupting the collection and reporting of economic data, reports by the Fed and private sector data that does not rely on government data for inputs, will continue to be released…This includes the Fed's Beige Book in preparation for the FOMC meeting this month”.
“Although initially after the Sept FOMC meeting, some pundits quickly pushed their taping view into Oct, this seems highly unlikely now”.
Key Quotes:
“Although the partial closure of the federal government in the US is disrupting the collection and reporting of economic data, reports by the Fed and private sector data that does not rely on government data for inputs, will continue to be released…This includes the Fed's Beige Book in preparation for the FOMC meeting this month”.
“Although initially after the Sept FOMC meeting, some pundits quickly pushed their taping view into Oct, this seems highly unlikely now”.