DJIA29143.75
LIVE-16.34(-0.06%)
NDX9226.11
LIVE9.13(0.10%)

US ISM Non-Manufacturing PMI adds another miss, USD slide continues

Wednesday, 4 December 2019 22:35 WIB Ekonomi AS ISM Non-Manufacturing

The US ISM Non-Manufacturing PMI for the month of November printed a 53.9 reading, half a point below the consensus expectation. The service sector business survey adds to the bunch of negative releases coming from the United States this week, after disappointments from the ISM Manufacturing PMI and the ADP Employment Report. The US dollar extended its losses after the release, with EUR/USD touching 1.1110 before retracing back just below 1.11 and GBP/USD making new multi-month highs at 1.3115 at press time. Despite the negative generic reading, there were some green lights in the report, as the employment sub-index came out improved in November, printing a 55.5 reading, growing 1.8%...

Read more...

RECENT NEWS

ADP's Employment Change figures for November came out at 67,000, well below expectations for an increase of 140,00. Moreover, October's figure was revised down to 121,000 from 125,000. Some suspect that the gap stems from calculations related to...

Australia’s Q3 national accounts in the Gross Domestic Product has been released. Prior to the data, analysts at Westpac had noted that," growth over the year to Q2 was just 1.4%, the slowest pace since 2009 and revealing that the economy was...

The Institute for Supply Management said its manufacturing index sank to 48.1% in November from 48.3% in October. Economists surveyed by MarketWatch had forecast the index to total 49.2%. Readings below 50% indicate business conditions are getting...

The November Caixin China Manufacturing PMI (Markit, sponsored by Caixin) has been released which follows a surprise weekend Manufacturing PMI which recorded its first expansionary print in six months. The weekend data was moving back above 50,...

The trend estimate for total new capital expenditure fell by 0.6% in the September quarter 2019. This follows a fall of 0.8% in the June quarter 2019. The seasonally adjusted estimate for total new capital expenditure fell by 0.2% in the September...

A measure of factory activity in the Midwest showed contraction but improved slightly in November from a multi-year low reported a month earlier. Still, the reading was below what economists were expecting. The Chicago Purchasing Management Index...

Consumer confidence dipped for a fourth straight month in November as economic conditions weaken towards the end of 2019, data released Tuesday by The Conference Board shows. The Board's consumer confidence index dipped to 125.5 this month. That's...

Global Economy

First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB
A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"

    Europe

    United States

    Asia

    DISCLAIMER

    Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.