Post Tagged with: "Construction Spending"
Forex Daily Outlook February 2 2012
Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben
EUR/USD Feb. 1 – Starts Month Under Pressure
Euro dollar starts the new month on lower ground, after breaking below uptrend support. Greek PSI talks are still awaiting an agreement “soon”. How soon is it now? There are doubts if Germany really wants a deal. Important figures are released in the US, which serve as important hints towards the all-important Non-Farm Payrolls on Friday.
Forex Daily Outlook February 1 2012
ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events today. Here is an outlook on the market-movers awaiting us. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Monthly Managers Survey to value the business conditions such as new orders, deliveries and inventories,
Forex Daily Outlook January 3 2012
ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, Planned 8 times per year, full record of the latest FOMC’s meeting and shows the influential financial conditions on the interest
Forex Daily Outlook December 1 2011
US Unemployment Claims and US ISM Manufacturing PMI are the main events today. Here is an outlook on the market-movers awaiting us In the US, Unemployment Claims measuring the number of Americans filing initial claims for unemployment increased by 2,000 last week to 393,000 while expected to drop to 389,000 indicating a relative stability in
EUR/USD Nov. 1 – Free Falls on Greek Referendum, Global Slowdown Worries
Euro dollar is free falling. The hangover from the EU Summit intensified as the Greek Prime Minister announced a referendum to approve the recent EU deal. This gamble, alongside more signs of global slowdown, weigh heavily on the common currency, which already returned to the levels last seen before the previous summit. Here’s a quick
Forex Daily Outlook – November 1 2011
US ISM Manufacturing PMI and UK housing data are the main events lined up. Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,
EUR/USD Oct. 3 – New Quarter, New Lows as Greek Plan Falls Short
Euro dollar kicked off the new week, month and quarter with fresh lows, the lowest since January. Greece approved a new budget that falls short of targets. Worries about China also push the dollar higher. We have an unusually busy calendar for a Monday, and it will only get busier later in the week. Here’s a
Forex Daily Outlook – October 3 2011
We start the week with Manufacturing PMI both in the US and the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, the Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), Survey (around 400 managers) to value the business conditions and inventories, drop of 0.1
EUR/USD Aug 1 – Starting the Month with Mixed Feelings
Euro dollar starts the week with some hesitant range trading. The news about a deal to raise the debt ceiling in the US helps the dollar, but was quite expected. Will the US be downgraded? In Europe, peripheral yields are easing, but this may be quite temporary, as Spain awaits a downgrade. Here’s a quick update