PMI

Going into the end of the year, the general theme has been slowing economic activity. Even when certain data points appear positive on the surface, a look under the hood reveals additional problems. For example, the latest US GDP figures…
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The last day of the month sees an avalanche of data that could move markets. But, given that a large number of traders are expected to be away from the floor due to a semi holiday, they could have a bigger impact on the markets. That…
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Global markets have returned to the downward trend, helped by a series of disappointing data over the last week. Although so far today there is apparently an attempt at a rally, that is likely more technical, related to the end of the…
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After a week in which a dozen central banks around the world either tightened policy or resorted to currency intervention, the focus is now on the economy. Just how much of the move was priced in, and how much will economic growth be…
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Thursday is expected to be one of the most active days of the week, with a host of economic data expected through the day. What could be the broadest reach in the forex market is the latest PMI figures from around the globe. With the world…
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For traders looking to see where the markets might be headed for the rest of the month, tomorrow's data might be the sentiment catalyst. PMIs are the freshest data, and they are especially relevant now as investors grade the impact of…
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Last Friday, Switzerland's KOF leading indicator came in well below expectations. To make matters worse, the prior month was revised lower. With the world talking about both recession and facing massive inflation, it would appear the Swiss…
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Overnight, reports surfaced that the Chinese government was "backing away" from its growth target for this year. The media pointed to a recent Communist Party planning meeting in which the target wasn't mentioned. Remember that the NPC…
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With the supply chain issues and rising raw materials costs, we can expect a lot of attention on the latest PMI figures from around the globe. Typically, they set the tone for the markets for the next couple of days. Here are some of the…
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Earlier this month, the ECB caught markets a little off guard by cutting back asset purchases. Now, we get the first look at the data that could potentially be impacted by the situation. Of course, purchasing managers aren't directly…
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