June 4, 2014
Prior 55.2 Business activity 62.1 vs 60.0 exp. Prior 60.9 Employment 52.4 vs 51.3 prior New orders 60.5 vs 58.2 prior Prices paid 61.4 vs 60.8 prior USD/JPY gains 5 odd pips to 102.62
June 4, 2014
Assuming that the ISM published the correct figures this time, the rise in the non-manufacturing index, to 56.3 in May from 55.2 in April (consensus 55.5), suggests that the economy had a decent amount of momentum midway through the second quarter. This sits comfortably with other evidence that retail sales growth has accelerated and with… View Article
June 3, 2014
GBP/USD– We have not seen a huge amount of movement from cable, although we saw it make its retreat back to the upside, it seems to have been moving sideways during the UK session today. Construction PMI out at 60.8, remaining the same from the previous number. With data coming up tomorrow such as services… View Article
June 3, 2014
The April factory orders report, which includes revisions to durable goods: Prior reading was +0.9% (revised to 1.5%) Factory orders ex-transportation to +0.5% vs +0.4% prior Factory orders ex-defense -0.1% Computer/electronics durable goods orders -1.3% vs +7.2% prior Durable goods orders were reported +0.8% on May 27 (revised lower to +0.6%) Original report on non-defense cap goods… View Article
June 3, 2014
Outlook index 69.7 vs 58.8 prior Employment 50.3 vs 43.1 prior Prices paid 58.6 vs 57.7 Revenues 58.7 vs 56.3 prior Business conditions index 630.1 vs 627.4 in April
June 2, 2014
European stocks closed all green today with the exception of the Cac. FTSE +0.3% Cac -0.1% Dax +0.1% Ibex +0.3% FTSE Mib +0.8% European bonds Italy 2.96% flat Spain 2.84% flat Portugal 3.66% +4bp Germany 1.37% +1bp
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