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Blog: An increase in electricity and gas tariffs in April by 9% and 19%
SteveT 1375 days ago
LAST WEEK China’s official manufacturing PMI index rose to 53.3 in April from 53.1 in March. Although this was slightly weaker than expected, output rose to 57.2 from 55.2 i...
Blog: Commodities Briefing :- Commodities lower on China growth fears
Opalesque 1378 days ago
Commodity prices are extending Asia-session losses in early European trade, weighed down by a drop in Chinas non-manufacturing PMI index on fears that one the worlds top-t...
Blog: Some PMI rules of thumb
themacromindseye 1409 days ago
With all of the hubbub about China's "official" PMI data coming in better than expected vs the HSBC PMI survey coming in worse I thought that it might be...
Blog: Overnight recap
SteveT 1471 days ago
The dollar moved back lower today after better than expected data PMI data out of China. A report in the LA Times also reported that California could run out of cash in Marc...
Blog: Philip Morris Should See $72 On Asian Appetite For Marlboros
SteveT 1576 days ago
Philip Morris International, the world’s leading international tobacco company outside of the U.S. and China will release its Q3 earnings tomorrow, October 20. Image: Dave...
Blog: Euro Area Sectors Contract in September
SteveT 1603 days ago
The advanced PMI index for September added to the abysmal outlook for the euro area with the key sectors slipping into contraction and adding to jitters of a new recession.The...
Blog: US: PMI down markedly in July (to 50.9)
SteveT 1654 days ago
The PMI index calculated from the ISM survey in the manufacturing sector dropped markedly in July, to 50.9 from 55.3 in June. Such a modest level had not been observed for two...
Blog: Canada Ivey PMI Improves
SteveT 1680 days ago
PMI index came in at 68.2 vs expectations fo 67.5 and down a touch from the 69.1 reading last month. Purchasers Index 59.9 vs 65.5 3-mo. average 61.1 vs 65....
Blog: Yesterday, copper extended gains from previous sessions
SteveT 1685 days ago
Crude On Thursday, oil posted only negligible gains and remained close to 112 USD per barrel (USD/bbl) level. Hence, it has returned to the level last seen before the Internat...
Blog: FOREX-Euro rally fades a bit as focus turns to data
SteveT 1686 days ago
* Euro runs out of steam after strong rally this week * Greece focus to fade as it looks set to secure emergencyfunding * China PMI, U.S. ISM manufacturing data in focus on Fr...
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