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- U.S. manufacturing data in focus - TDS
U.S. manufacturing data in focus - TDS
Analysts at TD Securities say they expect the NY Empire manufacturing index has recovered some of the lost ground in March, rising from 3.7 to 8.0 in April.
“Despite twin declines in new orders and shipments in March, the ISM-adjusted series appears to have stabilized. Any improvements in these measures could likely preclude another constructive print in the next ISM release,” they note.
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