US: Industrial production in focus - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for growth in the US industrial production to have come in flat for February following a sharp 0.6% m/m decline (consensus: +0.4%).

Key Quotes

“In particular, we expect a 0.2% m/m drop in manufacturing activities to have acted as a major headwind against IP growth during the month. Additionally, the market expects improvements in both the Empire Manufacturing survey and in UMich's sentiment index for March. On the latter, 5-10 year inflation expectations will be of particular importance given its recent drop to all-time lows.”

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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