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US: Focus on manufacturing and housing data – TDS

Analysts at TD Securities suggest that in the US session, the Empire Manufacturing Index will give an early look at business conditions in the New York region for December, with the market consensus looking for a decline to 20.

Key Quotes

“We will get the NAHB Housing Market Index for December which will be closely watched after posting the largest monthly decline since 2014, although market expectations are for a muted rebound to 61 from 60.”

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