US Jobs_Wage growth

The ISM’s manufacturing and non-manufacturing PMI’s, released earlier this week, suggest that while the activity in both the sectors has improved from a month ago, the employment sub-indexes painted a mixed picture. The ISM’s manufacturing data showed that the employment index rose to 57.2, compared to 53.5 in May. But the non-manufacturing dat...

2017-07-26 John Benjamin Read more
Bank_rate decision

The US Dollar Index failed to stabilize last week, even after central bankers have sent a clear message to the market that the easy monetary policies are coming to an end. Such remarks were supposed to push currencies higher. The US Dollar Index failed to stabilize above 96.30’s support area and dropped all the way to 95.60’s. However, at the b...

2017-07-04 Nour Eldeen Al-Hammoury Read more
Federal Reserve

The week ahead will see a fresh set of economic data for the month of June. The economic releases coming out this week include the manufacturing PMI data from China, the UK, US, and the eurozone. Later in the week, the FOMC meeting minutes are due followed by Friday's non-farm payrolls report. Also this week, the RBA will be holding its monthl...

2017-07-26 John Benjamin Read more

The markets will be looking to a busy week as a fresh economic report for the month of April dominates the headlines, for the most part, this coming week. On Monday, most of the markets are closed on account of the Labor Day holiday. The pace of the economic releases picks up with the data from the U.S. standing out. This week will see key econ...

2017-05-01 John Benjamin Read more
FOMC

The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls report for the month of March. Elsewhere, PMI figures from the Eurozone and the UK will be dominating the he...

2017-04-03 John Benjamin Read more
Uk Inflation_BoE

On Monday, we find out that UK's January Manufacturing PMI (Purchasing Managers Index) came out 52.9 marking a three-month high and surpassing estimations. It came above December's 52.1 with an improvement in domestic demand and a significant growth in output. In other words, the manufacturing production increase in the month of January reflects...

2016-02-03 Adrian Filip Read more
China's economy Great Hall

On Monday, China's economy Caixin PMI (Purchasing Manager’s Index) for the manufacturing sector came out at 48.5 versus an expected value of 48.9 and previous 48.6. Economic conditions for China’s producers continued to deteriorate during December. Production is on a downslope for the 8th month in a row, with a massive fall in the new work secto...

2016-01-06 Kira Vessiari Read more
Euro notes_Euro

On Wednesday, the European shared currency prolonged its losses against the greenback, pushing the EUR/USD pair in the vicinity of 1.06. The trend tested the critical support line from 1.06 after the release of flash CPI (Consumers Price Index) figure in UE, which came under markets’ expectations with a 0.1% rise yoy (year-on-year). Core prices ...

2015-12-04 Kira Vessiari Read more
Australia puzzle map

During Monday the Chicago Business Barometer went down 7.5 points, hitting a low of 48.7. The massive fall was caused by the decline is new orders, which reached their lowest point since March. The Barometer’s reading for October was at 56.2. New orders shortage has also caused the Chicago PMI (Purchasing Managers Index) to fall the sixth time t...

2015-12-02 Kira Vessiari Read more
Market news

The outlook for the euro became better yesterday as official sources claimed that Greece's creditors drafted the broad lines of an agreement which is due to be discussed today in a meeting between Alexis Tsipras and the European Commission President, Jean-Claude Juncker. The European currency experienced an episode of appreciation, but shortly a...

2015-06-04 Orbex Read more