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Showing 71 - 80 of 210 results for "ISM"

Improving picture paints a taper

BENJAMIN ONG  |  MONDAY, 8 JUL 2013
... And last week's data was good. US construction spending and motor vehicle sales came in better than market expectations. The ISM manufacturing index peeked back up into expansion territory (50.9) in June with the strong gain in new orders indicating ...

Market Wrap AM

AAP  |  TUESDAY, 2 JUL 2013
... Management reading purchasing managers index rose to 50.9 in June from a contraction reading of 49.0 in May. At the same time, the ISM showed manufacturing employment contracted for the first time since September 2009. LONDON - European stock markets ...

The death of QE

BENJAMIN ONG  |  THURSDAY, 6 JUN 2013
... thinking out of their brains. Last night's batch of releases indicates that the outlook for the US economy remains foggy. ISM non-manufacturing index came in better than expected but factory orders disappointed. However, the more important labour market ...

RBA decisions decisions

BENJAMIN ONG  |  TUESDAY, 4 JUN 2013
... Street down means eco or survey release strong, equals taper on. Wall Street ended higher last night because......of bad stats: ISM manufacturing index disappointed and fell into contraction territory (49.0 points) in May; construction spending increased ...

More flip flopping ahead for Wall Street

BENJAMIN ONG  |  MONDAY, 3 JUN 2013
... flipping and flopping on Wall Street this first trading week of June, particularly with first-tier economic data and surveys - ISM manufacturing and non-manufacturing indices and non-farm payrolls -- set for release. You know the drill: better-than-expected ...

May Day mayday

BENJAMIN ONG  |  THURSDAY, 2 MAY 2013
... whether or not this would happen, but it's still nice to dream. A number of nasties hit across the Atlantic though. The US ISM manufacturing index - what I consider the most reliable leading indicator of the Amererican economy - slowed to 50.7 in April ...

Missing the forest for the trees

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2013
... expected - never you mind that it still showed decent growth in March and that the previous two months were revised higher. The ISM non-manufacturing index disappointed too - and don't let anyone tell you that the March reading remains above 50 indicating ...

2011 and 2012 Redux?

BENJAMIN ONG  |  MONDAY, 8 APR 2013

Kim playing Duke Nukem is the bigger worry

BENJAMIN ONG  |  THURSDAY, 4 APR 2013
... end the purchase program sometime late this year" - be true also? The next disappointing one month data....drum roll...the ISM non-manufacturing index. It came in at 54.4 in March from 56 in the previous month. Markets expected a dip to only 55.5. No ...

Ben's your uncle

BENJAMIN ONG  |  THURSDAY, 21 MAR 2013
... in US retail sales and industrial production. The week before, we got better-than-predicted jobs growth and a jump in the ISM non-manufacturing index. If you're still deciding which forecast has a better chance of coming true...just follow the money. ...