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👤Arthur Greene
🕔December 5, 2016
The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers’ Index (PMI), also known as the ISM Services. The headline Composite Index is at 57.2 percent, a 2.4 percent increase from last month’s 54.8 percent and is its highest since October 2015.…
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👤Xinyang
🕔November 1, 2016
News Event
From Trading Economics: The Institute for Supply Management’s Manufacturing PMI rose to 51.9 in October 2016 from 51.5 in September, above market expectations of 51.7. It was the highest reading in three months, as employment rebounded sharply and output grew further, while new orders expanded at a slower pace.…
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👤Arthur Greene
🕔October 3, 2016
There was an increase to 51.5 from a previous reading of 49.4 in the US ISM Manufacturing Index for the month of September as the index finally enters expansion territory after it posted a decline in August. The reading was above the market’s anticipation for a growth of 50.4 but it was still below the July reading of 52.6.…
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👤Isaac Ndegwa
🕔September 6, 2016
A very shaky outlook on interest rate expectations has made many hedge funds to abort their bullish bets on gold and silver to 2 month lows. Data from the Commodity Futures Trading Commission now shows that there have been a great decreases on the gross long positions on the Comex gold futures.…
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👤Xinyang
🕔September 2, 2016
News Event
From Trading Economics: The Institute for Supply Management’s Manufacturing (ISM) PMI came in at 49.4 in August of 2016, down from 52.6 in July. The figure came much worse than market expectations of 52, reaching the lowest in seven months, as new orders, production and employment all contracted.…
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👤Lisa Harris
🕔July 21, 2016
- A jobless claim streak of this magnitude has not existed since 1973
- Harsh Times for the Philly Feds Index
Manufacturing activities as shown in the Philadelphia Feds Index shrank further this July, displaying a looming hardship in the sector.
Another declining quantity happens to be the Philadelphia Federal Reserve Index of Business conditions which fell to a value of -2.9 this month from a much higher 4.7 in June.…
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