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
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
US Economic Data

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 levels. Looking ahead, the economic data this week that stands out will be the ISM surveys and the September jobs...

2016-10-03 John Benjamin Read more