US: Focus on ISM non-manufacturing and factory orders – TDS
Analysts at TD Securities suggest that the release of ISM Non-Manufacturing and factory orders data are going to be the key economic releases for today’s US session.
“ISM Non-Manufacturing for December will be published at 10:00 ET, with the market looking for the index to edge lower to 59.2 from 60.7, consistent with a more gradual pace of growth in the services sector.”
“Factory orders for November have been delayed in light of the government shutdown. Fed President Bostic kicks off Fed speak this week at 12:40 ET.”