China Caixin PMI Manufacturing dropped from 50.4 to 48.1 in March, below expectation of 49.7. The pace of contraction was quickest since February 2020. Caixin said production fell at quickest rate for just over two Read more…
Japan PMI Manufacturing was finalized at 54.1 in March, up from February’s 52.7. Markit said there was renewed rise in output and stronger new order growth. But export orders had sharpest fall for 20 months. Read more…
Australia AiG Performance of Manufacturing Index rose from 53.2 to 55.7 in March. Looking at some details, production dropped -1.2 to 53.4. Employment rose 9l9 to 53.4. New orders rose 5.2 to 65.0. Input prices Read more…
Key Highlights USD/JPY started a fresh decline from the 125.00 resistance zone. It traded below a major bullish trend line with support near 122.30 on the 4-hours chart. Crude oil price is struggling to gain Read more…
With the US payrolls in focus in the session ahead and some increased interest from clients to assess the risk and reward trade-off – here are some views that may be of interest. US non-farm Read more…
In the past days, WTI continued to trade lower basically reversing the ground it gained in the previous week. We are currently going through a very interesting time for the Oil market, with a number Read more…
When the Fed met at its March 16th FOMC meeting, 10-year yields were already on the rise. However, at the meeting, the FOMC noted that ongoing increases in Fed Funds rates are appropriate. In addition, Read more…
Short Term outlook in Oil suggests the decline from March 7, 2022 is unfolding as a double three Elliott Wave structure. Down from March 7 peak, wave (W) ended at 93.53 and rally in wave Read more…
Jim Cramer says stock prices may be retreating because the economy may already be self-correcting. The stock market is pricing in a ton of negativity right now, Jim Cramer told his Mad Money viewers Thursday, Read more…