posted by
forexalliancecom
235 days ago
in AUD, Special, Manufacturing
It was no surprise when RBA Governor Glenn Stevens announced that the Australian central bank was keeping rates at the current 4.75% benchmark. What was surprising is that the central bank governor had hinted that rates may actually come down.
posted by
FXTimes
236 days ago
in GBP, Fundamental, Manufacturing
We finally get a positive fundamental report coming from the UK as the manufacturing PMI rose to 51.1 in September from August 49.4. It's the first reading above 50 for the manufacturing sector in the last three months. The 50 level separates exp
posted by
eToro
239 days ago
in Fundamental, Daily, Manufacturing
For the third consecutive month, China’s key manufacturing sector shrank last month, indicating that the second largest economy in the world is no more immune to global headwinds than any other. The slowdown underscores concerns that China won’t
posted by
FXTimes
247 days ago
in AUD, Fundamental, Manufacturing
The prospects for the global economy continue to deteriorate and in response we are seeing a partial liquidation in carry trade positions. The Euro, but also the Australian Dollar, saw a big brunt of the selling. It's the prospect of low or no-gr
posted by
forexalliancecom
255 days ago
in NZD, Special, Manufacturing
With all the hoopla surrounding the falling euro and declining Australian dollar, investors have lost sight of the New Zealand dollar. Usually unrecognized due to its economic size compared to Australia, the New Zealand economy has been showing
posted by
FXTimes
257 days ago
in Inflation, Retail Sales, Manufacturing
While attention continues to remain on Europe fundamental data from the US this week will be important as well. We will get fresh data on manufacturing, consumer spending and confidence, and inflation. Bringing the three of these together should
posted by
forexalliancecom
268 days ago
in AUD, Special, Manufacturing
According to the Institute for Supply Management, manufacturing activity in the United States actually improved in August. But, the number isn’t as positive as you might think. A closer look and the report supports the notion of weak economic g
posted by
FXTimes
268 days ago
in Fundamental, GDP, Manufacturing
The EUR took a tumble against its following weaker than expected manufacturing data for August, which dented European stocks and injected risk-off mode into currencies. The GBP also so its manufacturing sector contracting in August, and housing p
posted by
FXTimes
276 days ago
in USD, Fundamental, Manufacturing
US durable goods orders - those designed to last more than 3 years - climbed 4% in July, on the back of a sharp increase in orders for automobiles (+11.5%) and airplanes (+43.4%). The result helped to inject some risk-on sentiment into equity mar
posted by
FXTimes
277 days ago
in EUR, Fundamental, Manufacturing
The Euro rallied strongly in European trading against its major rivals, following German and Euro-zone purchasing manager reports that while showing weaker activity than in July, suggested that the Euro-zone economy was more resilient than had fe
posted by
eToro
277 days ago
in EUR, Fundamental, Manufacturing
The German PMI Manufacturing Survey data for August was earlier released by Markit Economics and at 52.0, came in above consensus expectations of 51.2, though was unchanged from July’s survey figure. The PMI Services Survey, however, was disappoi
posted by
FXTimes
278 days ago
in EUR, Fundamental, Manufacturing
Coming up in the European session on Tuesday we have very important and fresh data from the Euro zone – German and Euro zone services and manufacturing PMI's. The prognosis is not a good one as forecasts call for a drop in activity in August. The