News

US industrial production to increase by 0.3% m/m in November - Barclays

Analysts at Barclays offer their thoughts on what to expect from today’s US industrial production data due to be released at 1415 GMT.

Key Quotes:

“We look for industrial production to increase by 0.3% m/m in November.

Moderating somewhat after a strong showing in October (0.9%).

We expect much of this moderation to be driven by the manufacturing sector, which we expect to rise by a modest 0.2% m/m (previous: 1.3%).

We also look for a decline in utilities, while we expect mining production to rebound in November.”

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.