US: Focus on Empire Manufacturing Index - TDS

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, in the upcoming US session, the release of Empire Manufacturing index will grab the attention on Monday as it will give market participants the first look at the performance of the manufacturing sector in June.

Key Quotes

“The index is expected to give back most of its advance in May, declining to 10.5 in June. Despite the expected retreat, the Empire index would suggest manufacturing activities should have improved, on net, over Q1.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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