PMI

ISM manufacturingPrior report 46.4Prices paid 48.4 vs 43.9 expected. Last month 42.6Employment 48.5 vs 44.2 expected. Last month 44.4New orders 46.8 vs 47.3 priorManufacturing has been in a recession for some time but there are some…

The preliminary for the Judo Bank / S&P Global Manufacturing PMI can be found here:From the report today: “The PMI index, which incorporates a range of sub-indexes to capture the cyclical position of the manufacturing sector was…

Recommended by Daniel Dubrovsky Get Your Free Gold Forecast The US Dollar mostly outperformed against its major counterparts this past week. The British Pound, Euro and Canadian Dollars were some of the…

USD/JPY News and AnalysisBonds rise after terrible PMI data weakens the global growth outlookIG Client Sentiment favors a continuation of the longer-term trendEnter Jackson Hole - the focal point of this weekThe analysis in this article…

© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration By Samuel Indyk and Ankur Banerjee LONDON (Reuters) - The euro fell to…

Prior 51.5Manufacturing PMI 42.5 vs 45.0 expectedPrior 45.3Composite PMI 47.9 vs 50.3 expectedPrior 50.8From one troubled economy to another, these are some poor PMI readings for the UK in August. The services sector is seen slumping into…

We’re gonna get the first U.S. business activity numbers for the month of August! Will the numbers justify a September rate hike for the Fed? More importantly, how could the USD react to the news ahead of Powell’s Jackson Hole speech?…

We’ve got a whole bunch of flash PMI reports lined up from the Eurozone this week! What are markets expecting and how can the results affect ECB interest rate hike plans? More importantly, how might EUR pairs react?Event in Focus: Euro…

Here is a quick snapshot of bond yields at the moment:Germany's 10-year bund yield fell 5.5 basis points to 2.373%.French 10-year yields fell 5.3 basis points to 2.935%.10-year UK Treasury yield fell 8.5 basis points to 4.194%The 10-year…

EUR/USD trading points and analysisThe German PMI is a cause for concern in the Eurozone.The European Central Bank is under pressure to reconsider its interest rate expectations.1.10 Next up for the bears. Recommended by Warren…