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Pmis

All articles tagged with #pmis

finance2 years ago•2 min saved

"Asia-Pacific Stocks Plunge Amid China Weakness and Data-Heavy Week"

Asian stocks fell, led by Chinese stocks, as weak signals from China and anticipation of key economic readings this week kept markets on edge. China's economic engines remained under pressure, raising concerns over the need for more stimulus measures. Australian commodity stocks were hit by concerns over China's role as a dominant trading destination. Weak PMIs in Japan, the euro zone, and the US added to worries about slowing global economic growth. This trend could invite further weakness in Asian markets if investors lock-in recent profits.

via Investing.com|

#asian-stocks #china-weakness #economic-readings

financial-markets2 years ago•2 min saved

Fed Minutes and Economic Data: Key Factors for Investors in the Week Ahead

This week's market outlook includes key events such as the PBoC LPR announcement, RBA meeting minutes, Canada CPI, FOMC minutes, US durable goods and jobless claims, Thanksgiving Day in the US, PMIs for Australia, Eurozone, and UK, ECB meeting minutes, New Zealand retail sales, Japan CPI, Canada retail sales, and US PMIs. The PBoC is expected to keep LPR rates unchanged, while the Canadian CPI is expected to fall. US jobless claims missed expectations, and Thursday will be a low liquidity day due to the US holiday. The Japanese CPI is expected to increase, and the US PMIs are likely to be market-moving.

via ForexLive|

#black-friday #cpi #financial-markets

finance2 years ago•3 min saved

Mixed Signals: Strong Jobs Report for Fed, but PMIs Decline

The US jobs report exceeded expectations, providing a positive outlook for the Federal Reserve, but further positive economic reports are needed for a full recovery. Wage growth also showed positive signs, giving hope for sustainable wages with inflation. However, services PMIs indicate a slowdown in economic activity, potentially impacting consumer spending. Meanwhile, the EUR/USD pair has rebounded from recent lows and is testing the upper end of the range, with a potential break higher supported by favorable data.

via MarketPulse|

#economic-data #eurusd #federal-reserve

finance2 years ago•3 min saved

Market Outlook: Dollar Strength, ECB Decision, PMI Reports, and Earnings in Focus

This week's market outlook includes key events such as PMIs for Australia, Japan, Eurozone, UK, and the US, with central banks expected to keep rates steady as they gather more data. Other events include the release of UK labor market data, Australian CPI, German IFO, Bank of Canada policy decision, ECB policy decision, US durable goods and GDP, US jobless claims, Tokyo CPI, Australia PPI, and US core PCE. The market will be watching for any surprises in these data releases, particularly in relation to inflation and interest rates.

via ForexLive|

#cpi #finance #interest-rates

businesseconomy2 years ago•3 min saved

"PMI Weakness and Election Uncertainty in Spain Impact Sentiment"

Weak business activity data in Germany and an inconclusive election result in Spain weighed on sentiment in European markets, causing world stocks to slip. The German Flash Composite Purchasing Managers' Index (PMI) showed a contraction in business activity, increasing the likelihood of a recession in the second half of the year. The euro slipped against the dollar, government bond yields in the euro area fell, and European stock markets dipped. With central bank meetings scheduled for the week, caution set in among investors. Spain faced political gridlock after the right-wing parties failed to secure a decisive victory in the national election, leaving small regional parties as potential kingmakers. Major Spanish lenders saw their shares decline. Investors also braced for a slew of earnings reports from major companies.

via Reuters.com|

#businesseconomy #central-banks #european-markets