3 Dec 2015
US: ISM manufacturing likely to decrease – Danske Bank
FXStreet (Delhi) – Research Team at Danske Bank, expects the US ISM non-manufacturing index to decrease a little to 58 from the October figure of 59.1.
Key Quotes
“This is still a very high level indicating that the domestic part of the economy is in good shape. If the services sector holds up reasonably well, this should pave the way for the Fed despite the dire manufacturing ISM earlier this week. Note also that Fed's Yellen and Fischer will be speaking today.”
Key Quotes
“This is still a very high level indicating that the domestic part of the economy is in good shape. If the services sector holds up reasonably well, this should pave the way for the Fed despite the dire manufacturing ISM earlier this week. Note also that Fed's Yellen and Fischer will be speaking today.”