The August ISM manufacturing index is due on Tuesday
ISM manufacturing US markets are closed on Monday for Labor Day but will come to life on Tuesday including some notable economic data. The highlight is the 10 am ET…
ISM manufacturing US markets are closed on Monday for Labor Day but will come to life on Tuesday including some notable economic data. The highlight is the 10 am ET…
Mon: US & Canada (Labor Day), EZ & UK Final Manufacturing PMIs (Aug), Chinese Caixin Manufacturing PMI Final (Aug) Tue: Swiss CPI (Aug), Swiss GDP (Q2), Turkish CPI (Aug), US…
August 2024 official Chinese PMIs from the National Bureau of Statistics (NBS): Composite is 50.1 August Manufacturing PMI 49.1 Services 50.3 expected 50.0, prior 50.2 — The Chinese economy has…
Oil is having a rough one today, down 3% after a report said OPEC was planning to proceed with the October production rise. Oil rigs unchanged at 48. Gas rigs…
gold 10 mins There has been a nice turnaround on the intraday gold chart. It fell about $15 follow a round of USD buying on good GDP data but has…
Prior was 4.121% Bid to cover 2.41 vs 2.40 prior The results are a tad worse than expected in the when-issued market but not meaningfully so. There was something of…
Today’s two-year US Treasury sale was a bit of a gut-check moment for the fixed income market. It was the first test of real-demand at sub-4% yields in this environment.…
We last heard from Daly on August 18 when she said: Calls for “prudent” approach to lowering rates Pushed back on concerns of sharp economic slowdown Recent data gives “more…
UPCOMING EVENTS: Monday: PBoC MLF, German IFO, US Durable Goods Orders. Tuesday: US Consumer Confidence. Wednesday: Australia Monthly CPI, Nvidia Earnings. Thursday: US Q2 GDP 2nd Estimate, US Jobless Claims.…
IMF chief economist Pierre-Olivier Gourinchas spoke in an interview with Reuters at the Jackson Hole annual economic symposium on Friday. Saud the BoJ can continue to raise rates gradually, a…