Post Tagged with: "Manufacturing PMI"
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
Forex Daily Outlook November 29 2011
Building Consents in the US and Nationwide HPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the present and upcoming financial conditions with labor availability etc., rise is expected from 39.8 on October up to
USD/JPY Outlook Nov. 28-Dec. 2
Dollar/yen is on the rise despite growing global fears. The crisis in Europe is pushing the dollar higher, and even the “safe haven” yen retreats. Retail sales and Prelim Industrial Production are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week a certain setback in Japan’s ongoing recovery
GBP/USD Outlook Nov. 28 – Dec. 2
The British pound couldn’t escape the European debt crisis, and the discussion about more QE in Britain. The upcoming week consists of two important PMIs among other figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British bonds did enjoy the failed German bond auction, but this wasn’t enough to
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,
USD/JPY Outlook – Oct. 31-Nov. 4
Dollar/yen tested lower ground and marked a new bottom. Will the BOJ intervene? Monetary Policy Meeting Minutes and Average Cash Earnings are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week trade balance deficit narrowed nicely to 0.02T following 0.27T shortage but retail sales dropped more than expected
GBP/USD Outlook – Oct. 31 – Nov. 4
The British pound shared the fate of the euro, and enjoyed a very strong ride. The upcoming week is very busy, with the first release of Q3 GDP being the highlight. Here’s an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound also enjoyed a relatively small current account deficit. This provided
GBP/USD Prefers the Dark Side of Manufacturing PMI and Drops
GBP/USD reverses previous gains despite having a positive purchasing managers’ index for the manufacturing sector. British Manufacturing PMI surprised with a rise to 51.1 points, more than 48.9 that was expected. This figure was leaked ahead of schedule and triggered early rises. But on the other hand, new export orders fell to 45 points, the
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
GBP/USD Outlook – October 3-7
The British pound managed to correct its falls very nicely. The upcoming week will be much more challenging: the fourth quarter begins with many key indicators, and a rate decision that will be closely watched. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain managed to distance itself from the worsening debt