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Showing 1 - 7 of 7 results for "Chicago PMI"

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... quickly generalise and produce a widespread decline in consumer confidence." Tariff concerns were also echoed by the Chicago PMI survey (also released last Friday). While it's headline index rose to 64.1 in June from 62.7 in the previous month, the ...

Market to open lower

AAP  |  MONDAY, 1 JUN 2015
... weekend with no deal in sight in Greece's crunch bailout talks with official creditors. "The consumer confidence and the Chicago PMI plunged a bit, and I think this is about Greece," said Peter Cardillo of Rockwell Global Capital. "The fact that (IMF ...

May the Fed be with you

BENJAMIN ONG  |  THURSDAY, 1 MAY 2014
... payrolls increased by a better-than-expected 220,000 in April following an upwardly revised 209,000 gain in March; The Chicago PMI soared to a reading of 63.0 in April versus 55.9 in the previous month and expectations of 56.9. Maybe, just maybe... these ...

More flip flopping ahead for Wall Street

BENJAMIN ONG  |  MONDAY, 3 JUN 2013
... continue to work overtime. The Street down the following day because better-than expected data - consumer confidence and Chicago PMI - says QE tapering is nigh. Expect more flipping and flopping on Wall Street this first trading week of June, particularly ...

Rejoice for May has gone away

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2011
... contrast with last night's activity on The Street where US equities jumped - big time - despite disappointing stats. The Chicago PMI dropped sharply in May. The Conference Board's May consumer confidence index fell to its lowest level in six months. ...

Open fire roasted bears

BENJAMIN ONG  |  THURSDAY, 2 DEC 2010
... economy has awakened from its summer siesta. If financial markets ignored the better-than-expected readings on the Chicago PMI and consumer confidence published yesterday, they'll have to have their eyes checked if they still ignored the avalanche of ...

Data data everywhere

BENJAMIN ONG  |  MONDAY, 1 MAR 2010
... conditions "are likely to warrant exceptionally low levels of the federal funds rate for an extended period." The Chicago PMI - a leading indicator of the ISM manufacturing index - printed strong February, much more than markets were expecting. The bad ...
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