Tag: PMI
European PMI Data Worries Investors. Economists Predict More Rate Cuts!
The Japanese Yen and US Dollar become the best performing currencies of the day after poor UK and EU data.
The German Manufacturing...
XAUUSD: Jackson Hole and PMI Data to Watch Next Week.
Spot gold prices rose above $2,500/oz on Friday afternoon, surpassing the previous record reached last month. The rise followed disappointing US housing data, reinforcing...
NVIDIA Surpasses Earnings Expectations, Fed Considers Another Rate Hike
FOMC Meeting Minutes confirms certain members believe the current monetary policy may not be “adequately restrictive”.
The US stock market depreciated after the...
GBPAUD: UK Services PMI at eight-month low in September
Following the publication of a significant improvement in the UK PMI for September, there was a significant slight increase in the value of the...
Australian PMI Data Not Much Better
Australia's manufacturing industry has been in decline for six consecutive months, a situation which is still ongoing. The manufacturing PMI declined slightly from 49.6...
Events to Look Out For Next Week
Next week's calendar includes two Central Bank announcements (the RBA and BOC) which will be key in next week's data slate. The blockbuster headline...
