Post Tagged with: "Manufacturing PMI"
British Economy Doing Better Than Expected, But Pound Printing Still Coming
Purchasing managers’ indices in the UK were generally better than expected and pointed to growth in January. The chances of an official recession are now lower. Nevertheless, even if Britain escapes another quarter of contraction, the QE train seems unstoppable. The numbers The most important sector is services, which was the last to be released.
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
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 30 2012
We start the week with some interesting events like Personal Spending in the US and EU Economic Summit in Europe as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Personal Spending, monthly value of all consumer’s inflation-adjusted, is about to rise by 0.1% up to 0.2%. And similar
GBP/USD Outlook January 30 – February 3
The British pound had another stellar week, climbing almost 200 pips against the US dollar, and breaking the 1.57 level. The upcoming week has seven releases, including GDP. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The dollar weakened against most major currencies following Bernanke’s announcement that interest rates will
USD/JPY Outlook Jan. 30 – Feb. 3
Dollar/yen made a sharp move higher but couldn’t break resistance eventually ended the week lower. Household Spending and Industrial Production are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week The Bank of Japan maintained its interest rate at 0-0.10% and did not alter its 55 trillion yen quantitative easing program
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
GBP/USD Outlook January 2-6
GBP/USD surpised the markets with some unexpected movement during the holiday week. The pair broke the 1.57 resistance line (discussed last week), then dipped sharply to 1.5361, before recovering to close the week at 1.5527. There are five releases in the upcoming week, as the markets are back in action. Here is an outlook for the upcoming events, and an updated
Forex Daily Outlook December 29 2011
Unemployment Claims in the US and M3 Money Supply in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report for the new unemployment insurance, due to rise from 364K up to 372K. More in the US, Pending Home Sales, measures the households that are intended to
USD/JPY Outlook December 26-30
Dollar/yen ticked up for a second week in a row, but didn’t too far. Household Spending, Retail Sales and Tokyo Core CPI are the highlight of this week. Here’s an outlook for the Japanese events closing 2011 and an updated technical analysis for USD/JPY. Last week Japan’s central bank released its monetary policy statement announcing the continuation of