Australian GDP

A Lull in the Action

September 2, 2015

Market changes were comparatively muted overnight.  The flow of data releases was light, but now investors await several important indicators from the United States:  quarterly productivity and unit labor costs, the Fed’s Beige Book, and monthly factory orders and NAPM index of New York area manufacturing conditions. The dollar rebounded 0.6% against the yen, 0.5% […] More

More PMI Results, a Draghi Press Conference, Australian GDP, and Fed Beige Book

June 3, 2015

It’s been a busy Wednesday.  Overnight many service sector purchasing manager surveys were released, some beating expectations but others falling short.  ECB President Draghi is currently doing the Q&A portion of his press conference following an announced decision not to change interest rates and the release of updated macroeconomic forecasts.  Juxtaposed with the press conference […] More

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