US: ISM manufacturing and Fed speak in the limelight today - TDS

In view of the analysts at TDS, Fed speak and ISM manufacturing data will garner maximum investors’ attention from today’s session.

Key Quotes

“NY Fed President Dudley will speak once again during a 10:30 ET press briefing in which he will take questions on trends in household debt. Philly Fed President Harker is the only other speaker, though he is not a voter and his comments will focus on fintech.”

“ISM Manufacturing for March is the main event on the data calendar and we look for an above-consensus 58.0 print from (mkt: 57.2), consistent with the improvement in regional data. Motor vehicle sales for March will trickle in throughout the day and markets expect a deceleration to an annualized 17.30m units.”