US ISM Manufacturing PMI declined from 47.2 to 46.5 in October, falling short of the expected 47.6 and marking its lowest level since July 2023. This contraction is the index’s 23rd in the past 24 months. Key components showed mixed results: new orders ticked up slightly from 46.1 to 47.1, but production dropped sharply from […]
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US durable goods orders rose 0.2% mom to USD 286.6B in October, below expectation of 0.4% mom. Ex-transport orders rose 0.1% mom to USD 189.5B, below expectation of 0.2% mom. Ex-defense orders rose 0.4% mom Read more…
US initial jobless claims fell -2k to 213k in the week ending November 23, below expectation of 220k. Four-week moving average of initial claims fell -1k to 217k. Continuing claims rose 9k to 1907k in Read more…
USDJPY extends fresh bearish acceleration into second day and fell 1.1% during Asian / European trading on Wednesday. Increased demand for yen at the end of month as well as end fiscal year was the Read more…