Post Tagged with: "Flash Manufacturing PMI"
Euro-zone Recession Not a Done Deal
The initial estimates for purchasing managers’ indices came out better than expected and provide hope that the euro-zone could avoid an outright recession. The data joins other encouraging figures from the continent’s powerhouse: Germany. Could Europe enjoy some stability or will the debt crisis wash everything down the drain? The flash data released by Markit
Forex Daily Outlook January 24 2012
BOE Gov King Speaks in the UK and Core Retail Sales in Canada are the main events lined up. Let’s see what awaits us today. In the US, Richmond Manufacturing Index, Manufacturer’s Monthly Survey to rate business conditions such as shipments, new orders etc., rise that shows condition improvements by 3 points up to 6
EUR/USD Outlook January 23-27
Euro/dollar had a very positive week, riding on new hope for the old continent. Is this a desired correction, or a change in trend?The euro-zone will now receive fresh growth indicators, an important survey and other events. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. After talks about the
Forex Daily Outlook December 15 2011
Unemployment Claims and PPI in the US are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, measures the unemployment insurance that was filed on the last month, predicted to rise by 8K up to 389K More in the US, Treasury International Capital (TIC), Long-Term Purchases, value the difference between foreign
EUR/USD Outlook December 12-16
Euro/dollar suffered from the refusal of the ECB to help in resolving the debt crisis but its falls were limited. Where will this end? Purchasing managers’ indices, a major German survey are the key figures in the upcoming week. Here is an outlook for these events and an updated technical analysis for EUR/USD. The ECB cut
EUR/USD Nov. 23 – Falling to Lower Range on Higher Yields, Dexia and China
Euro dollar fell to the lower end of the range after worries about global growth came from China: manufacturing returned to contraction zone. In addition, there are complications in the breakup of Dexia – the first European bank to fall due to the debt crisis. European bond yields remain at scary levels. A very busy day
Forex Daily Outlook November 23 2011
Unemployment Claims in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Unemployment Claims, weekly indicator to value the individuals who filed for number of unemployment insurance submissions on the past week, rise of 1K is expected up
EUR/USD Outlook November 21-25
Euro/dollar continued lower in a week that saw continued pressure in bond markets and a growing need for serious ECB intervention. The upcoming week consists of 7 events. Here is an outlook for these events, and an updated technical analysis for EUR/USD, now in lower ground. Fresh GDP figures have shown that the recession hasn’t arrived
EUR/USD Oct. 24 – Edges Up on Summit Hopes, Remains Vulnerable
Euro dollar managed to overcome a Sunday gap and is now moving higher, helped by strong Chinese data and by hopes. The first EU Summit made some progress but failed to reach a comprehensive agreement. There are still high hopes for Wednesday’s summit. The calendar is busy for a Monday. French Flash Services PMI disappointed and
Forex Daily Outlook – October 24 2011
Mo – We start the week with Flash Manufacturing PMI in Europe and MPC Member Tucker speech in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, William Dudley, Federal Reserve Bank of New York President, is due to deliver a speech in Bronx. In Europe,