Manufacturing Sector Expanded at a Slower Pace in May

The supply chain disruptions caused by the disaster in Japan coupled with higher energy prices are likely behind the slowdown in manufacturing activity in May. Despite the sharp deceleration, the overall index remains above the 50-mark that indicates expansion, and even above its long-term average of 52.8.

While manufacturing experienced a

Source: ActionForexall Rss Feed

ISM Manufacturing Index Drops Sharply in May, Will Weaker USD or "Risk-Off" ...

The Manufacturing PMI showed its biggest 1 month drop since 1984, with the index coming in at 53.5 compared to April's 60.4. Forecasts were for a much smaller decline to the 57-58 range. Regional manufacturing surveys have underperformed all month and we see it showing up strongly on the national level.

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U.S. Manufacturing and ADP Payroll Growth Moderate in May

The ISM manufacturing index remained in expansionary territory in May although the pace of growth eased markedly, as shown by the decline in the index to 53.5 from 60.4 in April (a reading above 50 indicates the sector is generally expanding). The Market expected a more moderate decrease in the

Source: ActionForexall Rss Feed

Canadian Manufacturing Sales Surge in March

Manufacturing sales rose 1.9% in March, more than retracing the 1.8% drop (revised from the initially reported -1.5%) in February. The increase in March was slightly above market expectations for a 1.8% rise going into the report. Eliminating the impact of prices, the volume of manufacturing sales rose 1.9% following

Source: ActionForexall Rss Feed

This Week in the USD: Housing, Manufacturing, and FOMC Minutes on Tap

Markets were volatile last week as investors became wary of risk once again. Commodities slid as did equities especially in Europe and North America as mostly favorable earnings failed to offset global growth worries and sovereign debt problems continued to roil the Euro-zone. The continuing Greek saga sent the EUR

Source: ActionForexall Rss Feed

France: Final PMI in manufacturing sector increased to 57.5 points in April

FOREX NEWS: According to the data released today, final PMI in the manufacturing sector in Switzerland increased to 57.5 points in April against preliminary level of 56.9 points.
 

Eurozone: Final PMI in manufacturing sector rose to 58.0 points in April

FOREX NEWS: According to the data released today, final PMI in the manufacturing sector of Eurozone rose to 58.0 points in April against preliminary level of 57.7 points.
 
 

USA: ISM index in manufacturing sector increased to 60.4 points in April

FOREX NEWS: As it became known yesterday, ISM index in the U.S. manufacturing sector increased to 60.4 points in April against the forecast of growth to 59.5 points.

 

Great Britain: PMI CIPS in manufacturing sector decreased to 54.6 points in April

FOREX NEWS: According to the data released today, PMI CIPS in the manufacturing sector of Great Britain decreased to 54.6 points in April against the forecast of growth to 57.0 points.
 

Better Than Expected April ISM Manufacturing PMI Sparks Risk Appetite Rally

The manufacturing sector in the US has been at the forefront of the US recovery, but today, data was expected to show activity cooling from its recent levels.

The ISM Manufacturing index hit a level of 61.2 in March, following a 61.4 reading in February, which was the best since May

U.S. Manufacturing Expands; Construction Spending Boosted by Private Sector

The ISM manufacturing index remained solidly in expansionary territory in April despite the pace of growth moderating slightly, as shown by a decline in the index to 60.4 from 61.2 in March (a reading above 50 indicates the sector is generally expanding). Expectations where for a larger decrease in the

Forex: Euro, British Pound Rally As U.K. PMI Manufacturing and Euro-Zone CPI Estimate Tops Expectations

The British pound pared yesterday’s losses against the greenback as the U.K. PMI manufacturing report in December rose to 58.3 amid expectations of 57.2 to mark the highest reading in 16 years.

FX Headlines: British Pound Rises on Positive UK Manufacturing Data

UK Purchasing Manager Index Manufacturing was at 58.3 for the month of December, the highest reading in the last four years. Mortgage Approvals also rose to 48K for the month of November, topping expectations while also being the highest reading since August.