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The overall health of China’s manufacturing sector continued to deteriorate in February. The final reading of the HSBC purchasing managers index (PMI) came in lower today raising the risks of...
During statements before Congress, yesterday, Federal Reserve Chair Janet Yellen said the harsh winter being experienced through most of the nation was having a bigger impact on data then analysts...
The Bank of England (BOE) would never be time specific or give an exact time frame as to when they will raise rates. There is way too much focus on this topic right now as many are speculating the BOE...
We have seen very soft economic data coming out of the US as of late. Jobs have been weak. Housing data, consumer spending and industrial production have all been weak. Everyone is blaming the weather...
Today we can see the S&P shoot higher. Two big retailers report earnings and we get home price and consumer confidence data. Traders will be watching these numbers to determine whether to start...
We are expecting a flurry of economic data to come out of Japan this week. Focus will be on whether we are seeing their economy lose momentum. Weak data will raise concerns the economic recovery is...
The Eurozone private sector expanded at a slower rate in February. However growth is still close to the EU’s two and one half year high. The slowdown came from France which is causing worries...
China’s manufacturing activity continues to slow down. Today’s Markit/HSBC Purchasing Managers’ Index (PMI) came in at a seven month low for February. Once again, worries regarding...
The weaker than expected economic data that we have been seeing from the US continues as sentiment among home builders fell off sharply in February. While weather is a big factor here, it does not...
We’ve got some good news and we got some bad news. Seems to have become the story of the U.S. economic recovery. The good news is that Washington managed to pass the debt ceiling law which takes...
The Japanese economy came in below analyst expectations today for the fourth quarter of 2013. The Gross domestic product or GDP grew at 0.3 percent. Analysts expected it to come in at 0.7...
US business inventories rose in December, however they slowed down rather sharply. In China, inflation stayed rather subdued as consumer prices continued to decline in January.US inventories,...
We have seen the emerging markets (EM) get hammered as of late, along with their currencies as government balance sheets have worried investors. Then there are the corporate balance sheets, the one...
The US markets, equities in particular, staged a nice rally as new Federal Reserve Chair Janet Yellen reassured us that the bank will leave monetary policy as is and continue to provide some...
Overnight, absent major economic news, US markets extended Monday’s gains as investors are looking towards today. New Fed Chair Janet Yellen is set to testify before Congress for the first...
US markets ended the week gaining back all losses incurred during the week. They had their best gains over two days seen in four months as investors concluded the weak NFP was not so bad after all.The...
U.S. markets surged higher overnight. The Dow Jones had its best session of 2014 and the Street loved the drop in applications for jobless benefits. This indicates an improving labor market. Today we...