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August Empire and Philadelphia......>

US DATA PREVIEW
US DATA PREVIEW: August Empire and Philadelphia Fed Previews - 08:30 EDT/13:30
BST
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- The first look at August manufacturing conditions is expected to be
disappointing. The Empire State index is expected to decline to a reading of 2.0
based on the Bloomberg consensus and to 3.0 based on an MNI survey of analysts
from a reading of 4.3 in July.
- Released at the same time, the Philadelphia Fed index is expected to fell back
to 9.3 based on the Bloomberg estimate and to 10.0 based on the MNI forecast.
This follows a surged to 21.8 in July.