Eurozone_Flash_PMI_3101

Summary: Eurozone flash manufacturing PMI rises at the fastest pace in six and half years Eurozone flash services PMI falls to a 7-month low Evidence of price pressures in output building up Markit: PMI’s consistent with the 0.6% GDP growth rate in the eurozone IHS Markit's flash estimates of the purchase manager index across ...

2017-08-25 John Benjamin Read more
UK Manufacturing

Summary: ISM manufacturing PMI largely stable at 54.9 (up from 54.8 in April) New orders rise to 59.5, while employment index rises to 53.5 ISM manufacturing prices slips to 60.5 from 68.5 in April PMI data suggests that wage pressures are increasing ADP private payrolls add 235k jobs in May The US Institute of Supply Manag...

2017-07-26 John Benjamin Read more
Manchester_Indices_2305

After the sad events that occurred overnight in the UK – Manchester, we have noticed some negative impact on the markets, including Asian equities, European equities, and currencies. However, such impact was short-lived and most of the markets have recovered its initial declines, supported by economic releases. Asian Equities Declines Desp...

2017-07-26 Nour Eldeen Al-Hammoury Read more
UK Manufacturing

Two separate gauges of U.S. activity, measured across manufacturing and non-manufacturing sectors showed a moderation in March after posting steady gains previously. The Institute of Supply Management’s manufacturing PMI was registered at 57.2 in March, down from 57.7 in February while the non-manufacturing PMI was registered at 55.2, down from...

2017-04-06 John Benjamin Read more
Services PMI's_2102

USD Strikes Again After a long weekend, the US Dollar came back earlier today during the Asian session with another strike, rising above 101.0, reaching as high as 101.20’s until this report is released. The Japanese Yen is the biggest loser in Asia, declining around -0.52% followed by the Kiwi, while the Euro and the British Pound are sligh...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Euro_ECB_Draghi

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 and job growth since the first half of 2011. However, price pressure continued to strengthen with the rate o...

2017-02-02 James Harte Read more
manufacturing PMI

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 pressure the US Dollar again, saying “other countries take advantage by devaluation. So much for the strong...

2017-02-01 Nour Eldeen Al-Hammoury Read more
UK PMI

The first day of the week comes with few economic releases across the board, whether in Asia, Europe, and the US. However, volatility is still on the rise as Trump took office. Yet, the US equities seem to be unhappy with the new administration, while the US Dollar kept on declining but stabilized above 100.0 barrier, which should be watched car...

2017-01-24 Nour Eldeen Al-Hammoury Read more
China's inflation_0803

China’s kicked off the year with positive economic releases, while its currency continued to decline further. The US Dollar also continued to rise across the board, while metals are stabilizing. Yet, Crude Oil added more than 1% in its first trading session of the year. In today’s article we will look at the Chinese and the UK data, what does it...

2017-01-03 Nour Eldeen Al-Hammoury Read more
Chinese Yuan_0112

During the Asian session today, there were a collection of economic releases from China, which had a notable impact on the markets. This is aside from the impact of the historical decision by OPEC and Non-OPEC members to cut the oil production for the first time since 2007, leading to a sharp rally in Crude Oil prices by more than 8% in few hour...

2016-12-01 Nour Eldeen Al-Hammoury Read more