US Manufacturing

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… Read More

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,… Read More

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… Read More

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… Read More

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… Read More