Free Trial

Due to uncertainty on hurricane.....>

US DATA PREVIEW
US DATA PREVIEW: Due to uncertainty on hurricane impact, September industrial
production forecasts vary from -0.9% to +0.8%, with the median landing on +0.2%.
This follows August's hurricane driven 0.9% drop, the largest decline since the
financial crisis. Analysts largely agree that oil and gas production could
continue to be a drag on IP. They also expect mining to be little changed.
However, some analysts differ on their forecasts for utilities and
manufacturing. Utilities could be dragged down by power shortages from Irma, but
could be boosted by unseasonably warm weather in the Northeast. Indicators for
manufacturing are mixed, as the ISM Manufacturing report shows a healthy
increase, while September's employment report indicates reduced factory hours
worked. Capacity Utilization is expected to tick up only slightly to 76.2%,
roughly unchanged from August's 76.1%. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });