Dallas Fed Manufacturing Index recovers to -6.1 in June vs. -59 expected
Fundamental Forex Analysis

Dallas Fed Manufacturing Index recovers to -6.1 in June vs. -59 expected

Dallas Fed Manufacturing Index rebounds sharply in June. Major equity indexes in the US trade in the positive territory. The economic activity in Texas’ manufacturing sector declined at a soft pace in Ju...

Dallas Fed Manufacturing Index drops to new all-time low of -73.7
Fundamental Forex Analysis

Richmond Fed Manufacturing Index recovers to 0 in June from -27 in May

Richmond Fed Manufacturing Index moves out of negative territory in June. US Dollar Index slumps below 96.50 on upbeat US data. The activity in the Federal Reserve’s Fifth District’s manufacturing ...

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Fundamental Forex Analysis

Markit Manufacturing PMI improves to 49.6 in June vs. 48 expected

US Manufacturing and Services PMI rose more than expected in June. US Dollar Index extends its daily slide toward 96.50. The business activity in the US manufacturing sector contracted at a very soft pace in J...

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Fundamental Forex Analysis

When are the UK Preliminary PMIs and how could it affect GBP/USD?

The UK PMIs overview The first Preliminary readings of the UK Manufacturing and Services PMIs for June are due for release today at 0830GMT. The Preliminary UK Manufacturing PMI is expected to show that the con...

Australian PM Morrison announces $38 bln, second stimulus measures to combat the coronavirus impact
Fundamental Forex Analysis

Australia’s Commonwealth Bank Manufacturing PMI arrives at 49.8 in June vs. 49.3 expected

Australian manufacturing sector improved but remained in contraction this month, according to the latest data released by both the Commonwealth Bank of Australia (CBA) and the Markit Economics on Tuesday. The C...

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Fundamental Forex Analysis

CBI Industrial Trends Survey – Orders recovers modestly to -58 in June

CBI Industrial Trends Survey – Orders edged higher to -58% in June. This data doesn’t seem to be having a significant impact on market sentiment. The Total Order Books component of the CBI’s ...

NY Empire State Manufacturing Index recovers to -0.2 in June vs. -27.5 expected
Fundamental Forex Analysis

Philly Fed Manufacturing Index jumps to 27.5 in June vs. -23 expected

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey improved surged to 27.5 in June from -43.1 in May. This print came in much higher than the ...

Govt close to finalising the economic relief package
Fundamental Forex Analysis

Japan manufacturers’ business mood worsens again on pandemic woes – Reuters Tankan Survey

According to the latest monthly Reuters Tankan survey, released on Wednesday, the Japanese business morale remains dented by rising worries over the impact of the coronavirus pandemic on the economy. Key findin...

Manufacturing Sales plunged by 28.5% in April
Fundamental Forex Analysis

Manufacturing Sales plunged by 28.5% in April

Manufacturing Sales in Canada declined more than expected in April. USD/CAD clings to strong gaily gains around 1.3640 after the data. Manufacturing Sales in Canada declined by a record 28.5% on a monthly basi...

NY Empire State Manufacturing Index recovers to -0.2 in June vs. -27.5 expected
Fundamental Forex Analysis

NY Empire State Manufacturing Index recovers to -0.2 in June vs. -27.5 expected

NY Empire State Manufacturing Index rises sharply in April.  US Dollar Index stays quiet above 97.00 after the data. The headline General Business Conditions Index of the NY Fed’s Empire State Manufactur...