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Forex Flash: US ISM manufacturing to ease expansionary pace to 50.5 in October – TD Securities

November 01, 2012 | Filed Under »
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FXstreet.com (Barcelona) - TD Securities analysts expect to see the headline ISM manufacturing index to continue expansionary in October after rebounding into positive territory in September, but the pace should soften from 51.5 to 50.5: "The deterioration in manufacturing sector growth momentum in the sector is consistent with the slew of regional manufacturing indicators, which are all pointing to weaker activity during the month", wrote Alvin Pontoh, Asia-Pacific Macro Strategist at TD Securities,
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