PMI

Preliminary estimates based on the PMI surveys showed that the Eurozone lost some of its momentum in the first month of the year. The IHS Markit's eurozone flash PMI fell to 54.3 in January, down from 54.4 in December on mixed results from…
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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…
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After a long week full of economic releases last week, another week comes in with a busy start, beginning with the Italian Constitutional Amendment Vote. Today, there are a bunch of economic figures will be released during the European and…
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After two days that were lacking fundamentals across the board, all eyes will be headed toward the European session ahead as we await a collection of economic releases from most European countries. This is set to have a notable impact on…
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During the upcoming European and US session today, many economic figures will be released and are expected to have a notable impact on the markets. In today’s article, we will focus on the Manufacturing PMI data; what it is, how it's read,…
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What is Manufacturing PMI? It is called the Purchasing Managers Index, which is considered a leading indicator of the economic health of the manufacturing sector. It measures the level of a diffusion index based on purchasing managers in…
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The British pound was the strongest currency last week, rising 0.81% against the US dollar. The Sterling gained as opinion polls suggested that the risks of the UK leaving the EU were ebbing, underlining the fact that the sterling was…
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Yesterday, the AUD/USD bulls managed to keep up the pace although the tide was against them, the probability of further monetary easing in the case of low inflation growing after the RBA (Reserve Bank of Australia) minutes release. Although…
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On Wednesday, the sterling went further down as pressure rose due to the latest UK data release. According to officials, the UK Construction PMI (Purchasing Managers' Index) came in at 54.2 for the month of February and for the January's…
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Monday's European session was not that good for the EUR currency, the EUR/USD hitting just under 1.11 to set the daily low. At the moment of the news, the rate was -0.4% lower at 1.1084, the session’s low being set at 1.1082. From a…
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