Free Trial
USDCAD TECHS

Heading South

AUDUSD TECHS

Trades Through Key Short-term Resistance

US TSYS

Compelling Case for 50Bp Hikes

US TSY FUTURES

BLOCK, 5Y Sale

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

NatWest Mkts economists Kevin.......>

US DATA PREVIEW
US DATA PREVIEW: NatWest Mkts economists Kevin Cummins and Michelle Girard said
it's a "light" US econ calendar in this "holiday-shortened workweek" but "more
attention than usual may be paid to the wkly indicators (e.g. initial
unemployment claims, chain store sales, the consumer comfort measure), where the
first impact from Hurricane Harvey might begin to be seen. Indeed, the hurricane
may distort many of the statistics to be reported in coming months, making it
difficult to assess the economy's true underlying growth trend."
- But they add, "given that we do not expect the Fed to seriously consider a
rate hike until December (by which time much of the impact may have washed out),
we do not believe this alters the outlook for policy action. In any case, the
ISM non-manufacturing survey for August will be released this week and, similar
to its factory counterpart, is expected to show the economy was on solid footing
before Harvey hit. In addition, market participants will hear from a slew of Fed
officials who will be speaking on the economic outlook and monetary policy,
including Fed Governor Brainard (Tuesday) and New York Fed President Dudley
(Thursday)."

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.