US: Focus on Empire Manufacturing Index - TDS

According to analysts at TD Securities, in the upcoming US session, the release of Empire Manufacturing index will grab the attention on Monday as it will give market participants the first look at the performance of the manufacturing sector in June.

Key Quotes

“The index is expected to give back most of its advance in May, declining to 10.5 in June. Despite the expected retreat, the Empire index would suggest manufacturing activities should have improved, on net, over Q1.”