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Showing 51 - 60 of 209 results for "ISM"

September -- morn or mourn?

BENJAMIN ONG  |  THURSDAY, 6 AUG 2015
... surprisingly strong report on U.S. service-sector growth Wednesday morning". Yup, that's it financial markets saw the surge in the US ISM Non-Manufacturing index in July - economy is gaining momentum - and they heard Lockhart talk of a September lift-off ...

US data says...

BENJAMIN ONG  |  TUESDAY, 2 JUN 2015
... first quarter, the extent of the second quarter recovery therefore remains highly uncertain and could well disappoint." The ISM manufacturing index rose to 52.8 in May - better than expected and up strongly from 51.5 in April - with new orders jumping ...

WTF moment on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2015
... like a horse and carriage - as they should like the incontrovertible law of physics - maybe not. It's a commonly accepted "ism" that the stock market is forward looking which begs the question, what is the S&P 500 index looking forward to when forward ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
... likely to be spent, not saved". This would add to the strengthening momentum in the US economy. A fact highlighted by the ISM manufacturing index's better-than-expected read for November. While the ISM index slipped to 58.7 in November from 59.0 in the ...

Tit-for-tats and all that jazz

BENJAMIN ONG  |  WEDNESDAY, 6 AUG 2014
... higher-than-expected 1.1% in June after a 0.6% decline in May.... and more good US stats. The Institute for Supply Management (ISM) non-manufacturing index jumped to its fastest pace in nine years, to a better-than-expected and a recovery high reading ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
... growth is robust enough for the Federal Reserve to raise interest rates next year." Bloomberg was undoubtedly referring to the ISM manufacturing and Markit manufacturing PMI reports released last night... and why stop when you're on a good thing... there's ...

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
... financial market, last night's double boo boo on Wall Street should cast those doubts aside. The Institute of Supply Management (ISM) released its manufacturing index for May last night. Markets expected a reading of 55.5 - up from April's 54.9. ISM ...

Mother doesn't know

BENJAMIN ONG  |  MONDAY, 5 MAY 2014
... 12.9% in March. That's the bad news. The good news is that, one of the most reliable indicators of US economic activity - the ISM manufacturing index - remains solidly strong. The index jumped to 54.9 in April from 53.7 in the previous month, with employment ...

Just jokin' Putin

BENJAMIN ONG  |  WEDNESDAY, 5 MAR 2014
... in the previous month and mid-month's reading of 56.7. Better, new orders surged to 59.6 from January's 53.9 reading. The ISM manufacturing index told the same story of strengthening. The index increased to 53.2 from the disappointing weather-distorted ...

Subjected to interpretation

BENJAMIN ONG  |  FRIDAY, 7 FEB 2014
... big drop on Wall Street - that took most equity markets around the world with it - earlier this week because market saw the ISM manufacturing index as bad - it didn't meet their expectations, it dropped to 51.3 in January when they were expecting only ...