ISM

Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries

By Bill Baruch | March 1, 2018

Equity markets slid sharply into yesterday’s close ahead of Fed Chair Powell’s second congressional testimony. Today he sits in front of the Senate Banking Committee at 9:00 a.m. Central. He commented earlier in the week that the economic outlook is strong and warrants further gradual rate hikes.

Dollar bulls return on confident Fed

By Hussein Sayed | May 4, 2017

The U.S. dollar and Treasury yields across the curve bounced higher after the Fed signaled that a June rate hike is still on the way.

ISM US services activity index falls to lowest since October

By Richard Leong, Reuters | April 5, 2017

The U.S. economy's service sector expanded in March but at its slowest pace since October, according to an industry report released on Wednesday.

Higher energy prices boost producer inflation

By Lucia Mutikani, Reuters | February 14, 2017

U.S. producer prices rose more than expected in January, recording their largest gain in more than four years amid increases in the cost of energy products and some services, but a strong dollar continued to keep underlying inflation tame.

Factory activity hits two-year high as orders surge

By Lucia Mutikani, Reuters | January 3, 2017

U.S. factory activity accelerated to a two-year high in December amid a surge in new orders and employment, suggesting some of the oil-related drag on manufacturing was fading.

Dollar bears unleashed

By Lukman Otunuga | September 7, 2016

Dollar bears were unleashed on Tuesday following the disappointing U.S. ISM services data which dented hopes over the Federal Reserve raising U.S. interest rates in September. The ISM non-manufacturing PMI for August came in at 51.4, making it the lowest since February 2010 consequently rekindling concerns over the health of the U.S. economy.

Precious metals shining brightly

By Fawad Razaqzada | September 6, 2016

Gold and silver have extended their gains made on the back of the weaker-than-expected U.S. employment report on Friday. The dollar-denominated commodities have obviously found support from a slightly weaker dollar as investors lowered their expectations about the timing of the next rate increase. With the key U.S. ISM services PMI due to be released shortly, the near-term outlook for the dollar, and in turn precious metals, could change course once again.

MODERN TRADER Weekly Calendar

By Alan Rohrbach | April 29, 2016

Being a full first week of the month means the typical early month economic data deluge. That includes the various global PMI’s Monday and Wednesday. Note that each of those will be one day later for the UK that is out on Monday for its annual Early Spring Bank Holiday.

Employment report marred by job losses amongst manufacturers

By Andrew Wilkinson | April 1, 2016

Payroll gains were ahead of expectations for March as employers added 215,000 employees. Ahead of the report market forecasters surveyed by Bloomberg estimated a monthly gain of 205,000. The unemployment rate advanced by one-tenth to 5.0% as more people were drawn to the labor force.

ISM services index slips to 53.5 in January

By Reuters | February 3, 2016

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