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Tag Archive | "purchasing managers index"

GBP/USD Outlook for the Week Ending September 7th


Major factors to affect the trading of the pair GBP/USD for the week ending September 7th, 2012 are as follows:

On Monday, September 3rd, markets remained closed in United in observance of Labor Day while United Kingdom reported its data on purchasing managers’ index and Lloyds Business barometer.

On Tuesday, United States came up with data on purchasing managers’ index and construction spending. Institute of Supply and Management and also released its manufacturing data and figure on prices paid. United Kingdom published its figure on purchasing managers’ index for services & construction sector along with data on house prices.

On Wednesday, data on vehicle sales, MBA mortgage applications, unit labor costs and non-farm productivity will be published in United States while United Kingdom will report its data on PMI for services and official reserves.

On Thursday, in United States, official data on job cuts, consumer outlook index, employment change, initial jobless claims, continuing claims and manufacturing data by Institute of Management and Supply will be published. Moreover, the Energy Information Administration will release its weekly inventories report on crude oil, gasoline, distillates and natural gas. In UK, the Bank of England is expected to announce its interest rate decision and asset purchase target.

On Friday, in United States, data on change in manufacturing payrolls, full time employment change, unemployment rate, average hourly earnings, change household employment, underemployment rate, change in private payrolls and change in average hourly earnings is to be released. In United Kingdom data on industrial production, manufacturing production and producer price index will be reported.

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EUR/USD Outlook for the Week Ending September 7th


Important economic events to affect the pair EUR/USD for the week ending September 7th, 2012 are as follows:

On Monday, September 3rd, markets remained closed in United in observance of Labor Day while in euro zone, Italy, Germany and France reported their data on purchasing managers’ index for manufacturing sector while a separate PMI was released for the single currency region.

On Tuesday, September 4th, 2012, data on producer price index was released in the euro zone while United States came up with data on purchasing managers’ index and construction spending. Institute of Supply and Management and also released its manufacturing data and figure on prices paid.

On Wednesday, data on vehicle sales, MBA mortgage applications, unit labor costs and non-farm productivity will be published in United States while in the euro zone, Italy, France and Germany will release its figures on purchasing managers’ index for services sector while a separate PMI for services sector will be released for the euro zone. The single currency region will also publish its data on retail sales.

On Thursday, September 6th, 2012, data on gross domestic product, household consumption, government expenditure and gross fixed capital will be released in the euro zone while the European Central Bank will announce its interest rate decision. Germany will also report data on its factory orders. In United States, official data on job cuts, consumer outlook index, employment change, initial jobless claims, continuing claims and manufacturing data by Institute of Management and Supply will be published. Moreover, the Energy Information Administration will release its weekly inventories report on crude oil, gasoline, distillates and natural gas.

On Friday, September 7th, 2012, Germany is expected to report its data on wholesale price index, trade balance, labor costs, current account, imports, exports and industrial production. In United States, data on change in manufacturing payrolls, full time employment change, unemployment rate, average hourly earnings, change household employment, underemployment rate, change in private payrolls and change in average hourly earnings is to be released.

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British Pound Outlook for the Week Ending June 1st


Major economic events to affect the trading of the British Pound versus the US dollar for the week ending June 1st, 2012 are as follows:

On Monday, May 28th, 2012, market in United States remained closed in observance of the Memorial Day while United Kingdom released its report on Hometrack Housing Survey.

On Tuesday, May 29th, 2012, In United States, data on S&P/Case-Shiller US Home Price Index was released along with data on consumer confidence and manufacturing activity by Dallas’ Federal Reserve. United Kingdom reported its data on UBS Consumption Indicator.

On Wednesday, May 30th, 2012, United States, released its data on MBA mortgage applications and pending home sales while US Federal Reserves’ officials, Dudley and Fisher separately spoke on economy at public events in New York and San Antonio respectively. In United Kingdom, data on M4 money supply, mortgage approvals, net consumer credit and net lending on dwellings was produced.

On Thursday, May 31st, United Kingdom will report its data on house prices and consumer confidence survey by Gfk. In United States, several reports will be published which will include data on job cuts, consume outlook index, ADP employment change, personal consumption, continuing claims, initial jobless claims, core personal consumption expenditure, gross domestic product price index, and Chicago’s purchasing managers index. Moreover, Energy Information Administration will release its inventories data on crude oil, gasoline, natural gas and distillates.

On Friday, June 1st, 2012, In United Kingdom, PMI for manufacturing sector is expected. In United States, data on unemployment rate, average hourly earnings, change in household employment, personal income, personal consumption expenditure, unemployment rate, personal spending, change in non-farm payrolls, change in private payrolls, change in manufacturing payrolls, construction spending and purchasing managers’ index will be released. Institute of Supply and Management will also report its data on manufacturing activity and prices paid.

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EUR/USD Outlook for the Week Ending June 1st


The weekly outlook for the pair EUR/USD for the period ending June 1st, 2012 is as under:

On Monday, markets in United States remained closed in observance of the Memorial Day while n the euro zone, data on Italian business confidence was reported

On Tuesday, May 29th, 2012, Germany’s import price index and consumer price index was released in the single currency region. In United States, data on S&P/Case-Shiller US Home Price Index was published along with data on consumer confidence and manufacturing activity by Dallas Federal Reserve.

On Wednesday, May 30th, 2012, data on M3 money supply, industrial confidence, economic confidence, consumer confidence, business climate indicators and service confidence was published in the euro zone while United States, released its data on MBA mortgage applications and pending home sales. The US Federal Reserves’ officials, Dudley and Fisher also separately spoke on economy at public events in New York and San Antonio respectively.

On Thursday, May 31st, Germany is expected to report its data on retail sales, unemployment change and unemployment rate. The euro zone will release its separate data on the region’s consumer price index. In the U.S., several reports are expected which will include data on job cuts, consumer outlook index, ADP employment change, personal consumption, continuing claims, initial jobless claims, core personal consumption expenditure, gross domestic product price index, and Chicago’s purchasing managers index. Further, Energy Information Administration will report its inventories data on crude oil, gasoline, natural gas and distillates.

On Friday, June 1st, 2012, Italy, France and Germany will report their purchasing managers’ index for the manufacturing sector while euro zone will publish its separate PMI for the manufacturing sector and data on unemployment rate. Italy is expected to produce its data on unemployment rate and the budget balance. In the United States, data on unemployment rate, average hourly earnings, change in household employment, personal income, personal consumption expenditure, unemployment rate, personal spending, change in non-farm payrolls, change in private payrolls, change in manufacturing payrolls, construction spending and purchasing managers’ index will be reported. Institute of Supply and Management will also report its data on manufacturing activity and prices paid.

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Outlook for the Pair EUR/USD for the Week Ending May 4th


Major economic events to affect the trading of the pair EUR/USD for the week ending May 4th, 2012 are as under:

On Monday, Germany reported its data on retail sales while Italy released its data on consumer price index. Spain released its official figure on gross domestic product while the euro zone region reported its separate data on M3 money supply and consumer price index estimate. On the other hand in United States, data on personal consumption expenditure, retail sales, personal spending, personal income and Chicago’s purchasing mangers’ index was published. Moreover, Dallas Federal Reserve also published its data on manufacturing activity.

Today on Tuesday, United States reported its data on ISM’s manufacturing data and construction spending while US Federal Reserve’s official Lockhart spoke on monetary policy at an event.

On Wednesday, May 2nd, 2012, Italy will release it purchasing managers index for manufacturing sector along with data on budget balance. France and Germany are also expected to report their data on purchasing managers index. Germany will report its data on unemployment rate and unemployment change while the euro zone will report its separate data on purchasing managers’ index and the unemployment rate.USA will release several reports including data on MBA mortgage applications, ADP employment change, factory orders, ISM for New York and inventories data for crude oil, gasoline and distillates by US Department of Energy.

On Thursday, single currency region will report its data on PPI while the European Central Bank is to release its decision on its interest rate. United States will report its data on non-farm productivity, unit labor costs, initial jobless claims, continuing claims, ISM’s non manufacturing index and data on natural gas supplies by Energy Information Administration. Moreover, US Federal Reserve’s official will also address on US economy at an event at Santa Barbara.

On Friday, Italy, France and Germany are expected to published their PMI for services sector while euro zone will publish its separate report on PMI services. The single currency region is also to release its data on retail sales on Friday. United States will report its data on average hourly earnings, household employment, change in manufacturing payrolls, change in nonfarm payrolls and unemployment rate.

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Factors to Affect the Trading of the British Pound


Economic events which have a major impact on trading of the British Pound for the week ending March 2nd, 2012 are as under:

On Monday, in United States, data on pending home sales and manufacturing activity in Dallas by US Federal Reserve was released. In United Kingdom, Hometrack Housing Survey was published.

On Tuesday, in United States data on durable goods orders and consumer confidence was reported. Moreover S&P/Case-Shiller US home price index and Richmond Federal Reserve’s Manufacturing index were also released in US. In United Kingdom, data on house prices was released while Switzerland reported its UBS consumption indicator.

On Wednesday, in United States, data on crude oil inventories, Chicago’s purchasing manager index, MBA mortgage applications, gross domestic product, personal consumption and personal consumption expenditure is to be reported. Moreover, US Federal Reserve’s Chairman Ben Bernanke will address at a public event which will be closely watched to assess the future direction of the monetary policy.

In United Kingdom data on M4 money supply is to be released along with data on mortgage approvals and net consumer credit.

On Thursday, in United States, data on personal consumption expenditure, jobless claims, personal spending, continuing claims and personal income will be published. US Federal Reserve will also publish its beige book on Thursday. United Kingdom is expected to publish its data on purchasing manager index for manufacturing sector.

On Friday, in United States, US Federal Reserve’s official Bullard and Williams will separately address at public events which will be closely watched. United Kingdom will report its data on purchasing manager index for construction.

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