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Blog: Some PMI rules of thumb
themacromindseye 931 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 993 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 1098 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 1125 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 1176 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 1202 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 1207 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 1208 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...
Blog: Equities Gain Despite Sovereign Rating Downgrades
Forex Trading 1238 days ago
With today’s euro rally a few other important market events may have been overlooked by traders. Strong equity gains were seen in Asia despite a potential downgrade of the...
Blog: Euro area industries expand more than expected in April
SteveT 1281 days ago
Fears eased today with the resilient growth in industries in the euro area as the nation struggles to contain its fiscal imbalances while the central bank fights inflation.The...
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