Receives U.S. economy weeks interesting bearing in store economic agenda of many important data very, while remains investors ready to receive more data, whether positive or negative tries investors know the status of the largest economy in the world in general to predict step Fed next, and generally able to economy is showing some signs of improvement, which may avoid Fed to do more easing in the coming period.
Investors can not only wait-and-see attitude for guiding the U.S. economy to perform according to data ?????? this week, especially after the third round of quantitative easing taken by the Fed at its last meeting, which is expected to bring a positive performance during the coming period, note that the Fed had pointed out that it is fully prepared to take further stimulus measures to support the economy in the event of labor sector remained facing many difficulties and pressures.
We have seen during the last period unemployment rate fell in the U.S. economy to 7.8% after the addition of the economy up to 114 thousand new jobs, but this does not mean that the labor sector is at best still suffers from many difficulties, Valtraja in the unemployment rate was caused by Parent is the reluctance of some elements of the workforce for applications which led him outside the boundaries of the workforce and accounts beyond the unemployment rate.
What Ntriqbh and markets now is the performance of the U.S. economy after a round of quantitative easing third and whether the economy needs more easing, and this is what raises the importance of economic data during the coming period as it will have great significance on the attitude of the federal political cash next, although he is not It is expected that the Fed any concessional such steps emergence of the effects of the third round of quantitative easing.
This week we will begin our journey with the industrial sector, are issuing read New York Manufacturing Index, which is expected to be the first positive signs for the economy this week with the possibility of improvement in the industrial sector in New York that reading up to -4.80 during the month of October compared to the previous reading at -10.41.
Knowing that he expected to improve industrial production across the country rose 0.2% during the month of September compared to negative retreat shown during the last month by -1.2%, and it is expected to improve the energy utilization rate in the same period to a rate of 78.3% compared to with previous levels at 78.2%.
While Bank of Philadelphia will at the end of the week released its annual report which relates to the industry and business sector, which is expected to show growth in reading up to 0.4 during the month of October compared to retreat shown during the last reading at -1.9.
And away from the industry, we will see this week's retail sales data, which is not expected to show improvement in general, it is expected that retail sales will continue to rise at a pace of up to 0.8% during the month of September compared to the previous levels of 0.9%, and that despite the improvement in consumer confidence levels that we saw last week, according to the University of Michigan Survey, which showed consumer confidence improved in October compared with the previous levels 78.00.
As for inflation, which did not pose any danger until now threatens the U.S. economy as the Fed has already indicated its complete dominance on the levels of inflation and spurred to take accommodative action without fear of price stability, it is expected to show some decline during the month of September to 0.5% compared to the previous levels of 0.6%.
However, they are expected to rise slightly at the annual up to 1.8% compared to the levels prior at 1.7%, but it is still below the levels of the bank target, which keeps the door easing open to federal which indicated that inflation is controlled and they do not pose any risk future of the U.S. economy.
And return to the labor sector, which is a cornerstone of the U.S. economy, which depends both rely on spending and consumption and that the multiplicity of labor raises the proportion of consumption and spending, no doubt, will be issued as usual numbers jobless claims for the week ending on the thirteenth of October, which is expected to rise to 365 thousand request after he had dropped last week to the lowest levels of February 2008 when 339 thousand request.
The continuing jobless claims for the week ending on the sixth of October may increase slightly to 3280 thousand request compared to previous levels 3273 A request for a subvention.
In view of the construction sector and the houses, which is a more sectors suffering in the U.S. economy after the 2008 crisis for the housing sector, which is still the U.S. Federal erase effects through continuous support to the sector, was a tour facilitation recent federal aimed mainly to support the housing sector for Fed by buying these mortgage-backed securities with a value of forty billion dollars a month in order to reduce the interest rate on mortgage loans.
This is expected to rise Housing Starts during last September to 770 thousand homes compared with last month, 750 thousand homes, to rise by 2.7% compared to the previous levels of 2.3%, while building permits may rise to 810 thousand compared to the previous levels permit 803 thousand. But is expected to decline ratio of selling houses located originally including -2.1% compared to the rise that Khqgueth month that Asabh when 7.8%.
