manufacturing purchasing managers indices
Much More Than an FOMC Announcement Day
February 1, 2023
The FOMC policy statement at 19:00 GMT today (14:00 EST) will be followed half an hour later by the start of Chairman Powell’s press conference. Officials are expected to raise the target federal funds corridor by 25 basis points to 4.50-4.75%. This is the first scheduled FOMC meeting of 2023 and therefore the one in […] More
Afghanistan, Covid, and August Purchasing Manager Surveys
September 1, 2021
On this 82nd anniversary of the start of World War II, U.S. military forces have left Afghanistan, creating a whole new source of geopolitical uncertainty. The rapidly spreading Delta Variant of the Covid-19 pandemic remains the dominant economic and political wild card. There were over 160k newly identified U.S. cases of Covid yesterday, and almost […] More
The Day After
August 1, 2014
One day after share prices hit an air pocket, investors received a lot more high-profile economic news including the U.S. July Labor Department report on jobs and unemployment and numerous manufacturing purchasing manager surveys, also for July. Back to form, the dollar hasn’t moved much further. The greenback has changed most against sterling, +0.3%, and […] More
