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U.S. Day Ahead: Gas prices not curbing car sales

Monday, April 02, 2012 - 02:29

April 2 - With auto sales set to hit an annual rate of 14.8 mln in March, consumers facing higher prices at the pump are choosing more efficient vehicles according to Reuters Correspondent Deepa Seetharaman.

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Here is -- US stay ahead ex auto makers to keep their foot on the gas the release of vehicle sales for march. A Reuters Paul is calling for around fourteen point eight units sold on a seasonally adjusted annual rate that slightly less than the prior month. Reuters correspondent deep as the Robbins says rising gas prices are not holding back consumers. The -- both summer and now are out there boldest ever and more than ten years old in some cases. And consumers are already thinking about our purchasing car this year I think you -- buying and sooner. Because what you can get insurance so much -- fuel efficient than what's on my driver which in some cases can be from the late nineties. There's more key manufacturing data on tap in the morning not 45 sees it really isn't the highest that in New York. It -- Paterno factory orders. I have -- as orders rise I want and a half percent in February. The forecaster at this actors carry on growing but I held back by the need to hire and train more workers. -- sets of future that policy when it releases minutes from its march meeting at 2 PM Wall Street still expects the Central Bank to launch of around the bond purchases eventually. Reuters correspondent. And it cost -- as markets could hear about new forms of. -- read the most fed officials are taking a wait and see approach to another round of bond purchases not committing to anything yet but leaving the door open to a third round of stimulus. We'll also be looking for any discussion of sterilize bond purchases. Which would be -- -- for the Fed to extend his stimulus well at the same time wanting some of the inflationary impact. Of the increase in reserves. What are setting aside we'll hear from San Francisco president John Williams at 405 PM. Amber takes artists simulated policy meeting with students at San Diego the delta recently said that fed must keep applying monetary stimulus vigorously. But he also added over all things are turning for the better. And -- rocky couldn't -- this step closer to becoming the Republican presidential candidate Tuesday he got some results are out for primaries and Merrill Lynch DCN Wisconsin. Focus will be on the badger state. Ronnie looks set to beat rival Rick Santorum there according to the latest polls. No matter what happens Romney looks that point. Easy April with primary schedule in mainly moderate areas I'm Rhonda -- this is riders.

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U.S. Day Ahead: Gas prices not curbing car sales

Monday, April 02, 2012 - 02:29