POUND STERLING TALKING POINTSUK housing statistics and railway strikes forged shadow on UK economic system.FOMC and ISM knowledge in focus.Threatening rectangle breakout on each day cable chart.
Really useful by ...
ISM SERVICES PMI KEY POINTS:ISM services PMI falls to 54.4 in October from 56.7 in the previous month, disappointing expectations calling for a more modest pullback to 55.5Survey’s results suggest the U.S. economy...
US PMIs, Federal Reserve, US Dollar – Talking PointsUS ISM MANUFACTURING PMI ACTUAL 50.2 (FORECAST 50, PREVIOUS 50.9)US Dollar Index shifts course, slips back below 111.00Focus now shifts to November FOMC meeting tomorrow
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MON: Chinese Official PMI (Oct), German
Retail Sales (Sep), EZ Flash CPI (Oct) and Flash GDP (Q3), US Chicago PMI
(Oct).TUE: RBA Policy Announcement, RBNZ
Financial Stability Report; Japanese JibunBK Manufacturing PMI Final (Oct),
Chinese Caixin Manufacturing...
The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...
- Reviewed by Nick Cawley, October 5, 2022The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. As a result, the ISM manufacturing, construction and...
