US DATA: PREVIEW OF THE WEEK: (2 of 3) The manufacturing sector will get
another look at October with the Dallas Fed Texas Manufacturing Outlook
on Monday, and the Richmond Fed’s Manufacturing Index on Tuesday. The
New York and Philadelphia Fed’s report have already signaled some
recovery after the downturn in late summer, and these next two are
likely to follow that lead. The Kansas City Fed Manufacturing Survey is
also on Thursday, but this report does not have an overall index. The
Chicago Purchasing Managers Business Barometer for October is due on
Friday, and will be the last piece of data to set expectations for the
ISM Manufacturing Index on Monday, November 1. The report on durable
goods orders in September on Wednesday will likely swing higher on
strong orders of civilian aircraft. The transportation component has
been the main source of volatility in this report for some months as
demand for motor vehicles wavers and Boeing orders surged in July and
August.