Chicago PMI drops to 36.9, signaling deeper manufacturing contraction. Bearish implications for USD as economic pressures weigh on the sector….Read More
Tag: Economics
Dallas Fed Manufacturing Index Rises To +3.4; SP500 Rebounds From Session Lows
Today, traders also had a chance to take a look at the Pending Home Sales report for November. The report showed that Pending Home Sales increased by 2.2% month-over-month, compared…
China NBS PMIs Send Mixed Signals: Hang Seng Index Jumps on Services PMI Data
More information in our economic calendarWorld Bank Growth Projections Aligned with Beijing’s Measures December’s PMI figures suggest that Beijing’s recent stimulus measures are beginning to take hold, aligning with the…
US Jobless Claims Fall, But Rising Insured Unemployment Signals Labor Market Strain
On the insured unemployment front, the rate increased by 0.1 percentage points to 1.3% for the week ending December 14. Total insured unemployment claims climbed by 46,000 to 1,910,000 –…