ISM

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 number slows in September

By Sam Forgione, Reuters | October 1, 2015

The pace of growth in the U.S. manufacturing sector slowed in September while remaining at its lowest level since May 2013, according to an industry report released on Thursday.

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