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Mixed set of PMIs Thursday. U.S. data improving
|Mixed set of PMIs Thursday. U.S. data improving|
3 January 2014 00:00 gmt
CALENDAR: JP- Holiday. US- Natural Gas, Weekly Crude.
| EURUSD 1.3652
|| U.S. 2.98% -3bp
|| North America: Lower|
| EURJPY 142.98
|| Bund 1.95% +1bp
|| DAX: Lower|
| GBPUSD 1.6423
|| GILT 3.03% 0bp
|| FTSE: Lower|
| USDJPY 104.70
|| JGB 0.74% 0bp
|| Far East Close: Higher|
HIGH IMPACT ITEMS: JP- Holiday
- Thursday saw an especially heavy data calendar with monthly manufacturing PMI reports being released. Chinese PMIs suggested a modest slowdown in that economy. The Australian PMI dipped slightly as well. European final Market PMIs saw very modest revisions from their initial flash releases. The manufacturing PMI for the fell from an elevated level in November. See the FOREX FORUM for latest key data and charts as they are released.
- U.S. economic data released over the day were generally better than expected and supported hope for improved growth in the new year.See the FOREX FORUM for latest key data and charts as they are released.
- No major data will be released on Friday .For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar. See the FOREX FORUM for latest key data and charts as they are released.
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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