Tag: U.S manufacturing PMI

Financial Market Preview for September 28- October 2

The U.S. dollar resumed its upward trend and strengthened against leading currencies including the Euro and Yen. The recent hawkish remarks of FOMC Chair Yellen along with the modest upward revision of the US GDP provided some backwind for greenback.…

Financial Market Preview for June 29- July 3

It was supposed to be short week that will focus on the latest non-farm payroll report, alas the Greeks will take center stage again as they will have a referendum on the proposed bailout plan set on July 5th. Athens plead…

Gold and Silver Outlook for June 1-5

The recent recovery of the USD provided the climate to bring back down gold and silver. Even the contraction in the US GDP during Q1 didn’t help pull up gold and silver, nor did the fall of long term treasury…

Financial Market Preview for June 1-5

The U.S. dollar changed course and rallied against the Japanese yen, Aussie dollar and Canadian dollar and remained nearly flat against the Euro. The GDP for Q1, second estimate, was released on Friday and showed a contraction of 0.7% —…

Financial Market Preview for December 30-January 2

The last week of the year is likely to be another slow paced one in the financial markets. In the U.S. there are a few reports that will be released including: manufacturing PMI, pending home sales, consumer confidence, and unemployment…

Financial Market Forecast for December 1-5

Following the thanksgiving break, the markets will start working normal again. This week, the NF payroll report will take center stage in the U.S. Other financial reports from the U.S. include manufacturing PMI, factory orders and trade balance monthly updates.…

Financial Market Forecast for November 3-7

The high volatility in the market following the FOMC and BOJ’s monetary policy meetings from last week could remain in the coming week. The main events of the week in the U.S. include NF payroll report, manufacturing PMI, factory orders…