Friday, August 14, 2009

Barclays Capital expects a negative reaction to the good U.S. data for industrial production

According to analysts Barclays Capital, the volume of industrial production in the United States in July (16:30 AM EDT) will increase by more than 1.5% due to an increase in automobile production. However, note in the bank, a good report on industrial production is unlikely to have the same positive impact on the American currency, as data on the labor market last week - first, this report has less significance, and, secondly, unlike employment levels, these data are published after the meeting, FOMC. Exchange Bank analysts believe that a good report on industrial production will be support for risky assets and currencies.

No comments:

Post a Comment