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Activity in the U.S. manufacturing sector grew faster than anticipated in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index climbed to 52.8 in May from 51.5 in April. EURUSD M5: 71 pips price movement by USD - ISM Manufacturing PMI news event : More...
The manufacturing sector in China remained in contraction in May, the latest report from HSBC Bank showed on Monday, with a manufacturing PMI score of 49.2. More...
The manufacturing sector in Japan moved to expansion in May, the latest survey from Markit Economics showed on Monday, with a manufacturing PMI score of 50.9. More...
Trading the News: U.S. Gross Domestic Product (GDP) A marked downward revision in the preliminary 1Q U.S. Gross Domestic Product (GDP) report may drag on the greenback and spur a near-term rebound in EUR/USD as the Federal Reserve looks to carry its zero-interest rate policy into the second-half of 2015. What’s Expected: Why Is This Event Important: Even though the Fed pledges to look past the economic ...
Trading the News: U.K. Gross Domestic Product (GDP) An upward revision in the U.K. 1Q Gross Domestic Product (GDP) print may heighten the appeal of the British Pound and spur a near-term rebound in GBP/USD as signs of a stronger recovery raises the Bank of England’s (BoE) scope to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: A marked uptick ...
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