US Manufacturing

With most traders back at their desks after the holidays, there's a host of key economic data coming out of the US on the last day of the trading week. Chief among them is what looks like will be a less than stellar performance by US…

Dollar Down Again The USD was shunted sharply lower yesterday. This came following heightened concerns for the domestic economy thanks to the escalation of the trade war with China. The Manufacturing Purchasing Manager’s Index fell 2 index…

The Institute of Supply Management (ISM) will be releasing April’s report for the manufacturing sector today. According to the median poll of economists, manufacturing activity is forecast to dip from March’s rebound. In March,…

With oil and equity markets having cratered to fresh multi-year lows, trading sentiment is in very shaky condition for the first trading days of the new year. Unfortunately for USD bulls, the first key US datasets for December are also…

While USD bulls have been somewhat spooked recently following comments from Fed’s Powell last week which raised questions about future Fed tightening, data continues to provide fuel for optimism. The latest ISM Manufacturing release showed…

UK Manufacturing PMI Strengthens The headline Manufacturing PMI reading rose by 3.1% in April to hit 57.3, well above expectations. The increase was fuelled mainly by strength in new orders, driven by domestic and foreign demand. An…