3 May 2016
US: Fed speakers in focus today - TDS
Research Team at TDS, suggests that a sparse data calendar will shift influence to the lineup of Fed speakers.
Key Quotes
“Mester, Williams and Lockhart are all scheduled to speak tomorrow; Mester should warrant the most attention as she is the lone voter of the three.
On the data front, motor vehicle sales for April will trickle out over the course of the day as they are reported by manufacturers. Expectations are for the pace of sales to rebound from the annualized 16.5m reported in March to 17.4m units, though TD sees a downside risk and is calling for a softer bounce to 16.9m.”
Key Quotes
“Mester, Williams and Lockhart are all scheduled to speak tomorrow; Mester should warrant the most attention as she is the lone voter of the three.
On the data front, motor vehicle sales for April will trickle out over the course of the day as they are reported by manufacturers. Expectations are for the pace of sales to rebound from the annualized 16.5m reported in March to 17.4m units, though TD sees a downside risk and is calling for a softer bounce to 16.9m.”