PMI

Tomorrow is NFP day. And, given the changes in the labor market recently, it's likely to get all of the attention. But even with headlines and market volatility around that, we shouldn't neglect the PMI data that comes out an hour and a… Read More

Wednesday is April Fool's, and some might be forgiven to wish the last couple of months of trading were an elaborate prank. But the data coming out is still quite serious. To begin with, this time around, we're going to be paying very… Read More

The Institute of Supply Management (ISM) will be releasing the monthly non-manufacturing PMI report for January today. The report marks the performance of the US services sector in the first month of the year. Economists forecast that… Read More

The ongoing US-China trade war has taken a heavy toll on global trade over the last two years. Worldwide, manufacturing readings have been trending lower across developed and emerging economies alike. In the G10 bloc, the downturn in… Read More

The economic data for the week ahead will be likely overshadowed by the Brexit developments. After months of stalemate, there seems to be some kind of progress. But hopes diminished quickly after UK lawmakers voted down the deal on… Read More

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… Read More