Manufacturing

The latest set of PMI data out of the UK and Europe painted a picture of doom and gloom this week. Amid the first set of data to properly account for the corona virus outbreak, the market was expecting weakness. However, there are some…

The Institute of Supply Management (ISM) will be releasing the closely watched manufacturing PMI report today. According to the economists polled, forecasts point to a modest decline in the index. The ISM manufacturing PMI is forecast to…

The latest German growth figures showed that economic activity in the Eurozone’s largest economy was flat in the final quarter of 2019. The 0% reading on Friday was below the forecast 0.1% reading. This means that German growth rose by just…

The Institute of Supply Management (ISM) will be releasing the monthly non-manufacturing or service sector PMI for November today. Considered to be one of the high impact items, investors will be keeping a close watch. Economists…

The US dollar tanked yesterday as the lSM Manufacturing reading for November came in below expectations. The index printed 48.1 last month, marking a contraction form the prior month’s 48.3 reading. Notably, the reading was also below the…

The US Dollar was knocked lower again this week as a further bout of data weakness has put a fresh focus on a potential rate cut at the upcoming October FOMC. September's retail sales were heavily disappointing. The headline figure printed…

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 Institute for Supply Management's manufacturing PMI report for September is due later today. The closely watched gauge of manufacturing activity in the United States is forecast to show a rebound. Economists polled forecast that the…

Markit will be releasing the forward-looking data this week, in the form of the flash manufacturing PMI for the United States. The preliminary results follow the business activity in the manufacturing sector for the month of July.…

US factory orders are forecast to fall by more than half after rising strongly in March. Data from the US Commerce Department is expected to show a 1.0% decline on a month over month basis in April. Capturing the overall health of…