ISM Manufacturing stands at 52.28 in August versus 52 market consensus. Employment index jumps from 49.9 to 54.2. The dollar extends the advance throughout the market. The ISM Manufacturing index posted a better-than-expected reading in August at 52.8, similar to July and higher than the market consensus of 52. The dollar extended the upward path […]
Tag: Manufacturer
German and Eurozone manufacturing PMI data disappoint in August and remain in contraction territory
The German manufacturing PMI fell two tenths in August, falling to 49.1 points from the previous 49.3, placing it for the second consecutive month in contraction territory. In addition, the indicator disappointed market expectations, which expected an increase to 49.8 points. The August figure is the weakest seen in 26 monthsspecifically since June 2020. According […]
China: Caixin Manufacturing PMI enters contraction territory in August
The Caixin’s Chinese manufacturing PMI has fallen nine tenths in August, standing at 49.5 points after posting 50.4 in July. The result improves market expectations, whose consensus expected a slight decline, to 50.2 points. The indicator enters contraction territory, falling to 49.5 points and obtaining its worst figure in three months. According to him Dr […]
US: Durable Goods Orders Stagnate in July, 0.6% Increase Expected
Durable goods orders vary 0% in July compared to the previous month, against the consensus of 0.6%. Details of the report show positive figures and higher than expectations. The dollar falls slightly after the data. The United States Census Bureau reported that Durable goods orders were unchanged in July from the previous month, against the […]
UK: Manufacturing PMI falls sharply in August
The index manufacturing PMI of S&P Global for the United Kingdom has suffered a Sharp pullback in August’s preliminary reading, plummeting to 46 from 52.1 points in July. The result significantly worsens the expected 51.3 and stands as the lowest recorded in the last 27 months. The Services PMI has dropped one tenth, going from […]
Germany: Manufacturing PMI improves expectations in August, services indicator worsens them
The index manufacturing PMI of Germany published by S&P Global rose five tenths in its preliminary reading for August, standing at 49.8 points compared to 49.3 in July, and improving the 48.3 estimated by the market. Despite the increase, this is the second consecutive month that the indicator is in contraction territory, below 50 points. […]
USA: New York’s manufacturing empire surprises in August with its worst result in more than two years
The index New York’s manufacturing empire has fallen sharply in August, sinking to -31.3 points from +11.1 in July. This is its worst result in 27 months, specifically since May 2020, when the city was immersed in the midst of the coronavirus pandemic. According to the Federal Reserve Bank of New York, new orders and […]
US: Services ISM unexpectedly rises to 56.7 in July
Unexpected uptick in the services sector ISM in July. The dollar rises after the ISM report throughout the market. The S&P Global Services PMI was revised higher. Service sector data for July was better than expected, especially the ISM data, which boosted the dollar in the market. The ISM service index it went from 55.3 […]
US: Industrial production falls 0.2% in June, an increase of 0.1% was expected
Industrial production falls 0.2% in June. Utilization of installed capacity drops to 80%. The dollar remains in negative territory. The industrial production in the United States had a contraction in June of 0.2%, the data was below the market consensus which was for an increase of 0.1%. In May it remained unchanged with respect to […]
US: Empire Manufacturing Index unexpectedly jumps to 11.1 in July
New York region manufacturing activity index experiences unexpected rise. Empire Index rises to 11.1 with a drop to -2 expected. Retail sales data also exceed expectations. The Empire Manufacturing Index recorded an unexpected rise from -1.2 to 11.1 in July, with the market consensus being for a reading of -2. At the same time, an […]