ISM non-manufacturing PMI

The monthly non-manufacturing PMI report from the Institute of Supply Management will be coming out today. According to economists, median estimates point to a modest increase in the index. Estimates show that the ISM…
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The ISM’s manufacturing and non-manufacturing PMI’s, released earlier this week, suggest that while the activity in both the sectors has improved from a month ago, the employment sub-indexes painted a mixed picture. The ISM’s manufacturing…
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The last trading day of the week comes with many economic releases in Europe and the US. However, we will focus on the figures that will be out from the US, which likely to have the biggest impact on the markets ahead of the weekend.…
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Expectations of a US Fed funds rate hike in September hit a roadblock this week after the ISM non-manufacturing PMI disappointed. After the August payrolls report came out softer than expected, whatever little hopes of optimism that…
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Market Summary RBA maintains interest rate at 1.50% in August Australia trade deficit points to a stronger Q2 GDP growth BoJ officials keep markets guessing on next policy move Switzerland GDP advances more than expected in…
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The markets opened on a quiet note this week with the US markets closed on account of the Independence Day holiday. Trading was fairly quiet on Monday, with a focus on Australia. The weekend elections saw no clear winner emerge, quickly…
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The meeting minutes from the June 14/15 FOMC policy meeting showed a cautious approach in the Fed's outlook on the US rate hike decision. Policy makers said that US interest rate hikes should be put on hold until a clearer picture emerged…
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