PMI

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

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… Read More

The monthly Ivey PMI report for Canada is scheduled for release today. Forecasts point to a recovery in the purchasing manager’s index for July, rising to 55.0. This would mark a recovery from June’s reading where activity hit a… Read More

Contrary to other countries, this week is relatively quiet on the Chinese economic calendar. The most important event coming up is the release of the official PMI and the private Caixin PMI survey. Both of these releases could likely… Read More

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.… Read More

Tomorrow we get our first major data from Europe for the week. And it's set to be a pretty important day for the euro! This is the last major data release ahead of the ECB's rate decision on Thursday. At the meeting, we're expecting the… Read More

Among many things, one of the most closely watched reports when it comes to forex trading is the ISM’s PMI. PMI stands for Purchasing Manager’s Index and the ISM report indicates business conditions in two main sectors. The ISM PMI… Read More

Among the wealth of economic events coming out of Europe this week, one that we don't want to miss is factory orders from Germany. This gives some important insight into how the largest economy in the eurozone is doing, as well as the… Read More