US industrial production and Fed speak amongst market movers today – Danske Bank
|Research Team at Danske Bank, suggests that today, focus will be on US industrial production figures for September and on the FOMC board member Stanley Fischer.
Key Quotes
“Manufacturing production declined in August, in line with a sharp decline in the ISM manufacturing index. As the ISM manufacturing index rebounded sharply in September, it will be interesting to see whether 'hard data' confirms that the manufacturing sector performed better in September. The first indicator on the manufacturing sector in October is also due today, with the release of Empire manufacturing index.
After markets close in Europe, FOMC board member Stanley Fischer, who is considered neutral, is scheduled to speak. Following Fed Chair Janet Yellen's dovish comments on Friday, it will be interesting to see if other FOMC members share the same view.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.