ISM manufacturing PMI

Manufacturing Hit Again The August US ISM manufacturing data once again highlighted the ongoing damage from the US-China trade war. The index fell into contractionary territory for the first time since 2016. Following up on this, the…

The much-awaited monthly payrolls data will be coming out today. Forecasts point to payrolls rising at a slower pace this month. Economists polled expect that nonfarm payrolls will rise 160k in July. This marks a slower pace of increase…

Daily Forex Market Preview, 05/09/2018 The U.S. dollar posted strong gains on Tuesday since the start of the European trading session. The USD jumped on the strong manufacturing PMI report. Data from the Eurozone was quiet. The British…

Daily Forex Market Preview, 04/09/2018 The British pound slumped on Monday after renewed concerns on Brexit. The Pound sterling fell as the UK’s manufacturing PMI fell to a 25-month low. Economic data from the U.S. was sparse with the U.S.…

Daily Forex Market Preview, 03/08/2018 The U.S. Dollar was seen trading rather firm on Thursday. Lack of economic news flow has shifted focus on the United Kingdom. The Bank of England hiked interest rates by 25 basis points as widely…

The week ahead will be marked with investors turning their attention to the Italian elections and US revised GDP. Although the risks are limited as far as the euro currency is concerned, any surprise results could indeed bring volatility to…

Eurozone Business Conditions Improving 2017 has seen a sharp improvement in business conditions for Eurozone manufacturers. Output growth remained firm at December’s 32-month record high, supported by the biggest increase in new business…

USD Index Review Yesterday, despite the fact that the US economic releases came in with mixed outcomes, but mostly negative, the US Dollar was gaining momentum, trading near the session high around 100.40. However, Donald Trump decided to…

Frosinone, Italy - November 8, 2016 - The election campaign of Matteo Renzi for the constitutional referendum This week, OPEC's bi-annual meeting in Vienna will take the center-stage for the markets as traders await the decision from the…

The last trading week of the third quarter closed with risk aversion led by weakness in the banking sector. Wells Fargo and Deutsche Bank remained in the forefront, erasing gains from the surprise decision by OPEC to limit production…