Tag Archive: U.S. Industrial Production (ZH)

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

Key Events In The Coming Busy Week: Fed, BOJ, BOE, SNB, US Inflation And Retail Sales

2017-06-13

by Tyler Durden

2017-06-13

After a tumultous week in the world of politics, with non-stop Trump drama in the US, a disastrous for Theresa May general election in the UK, and pro-establishment results in France and Italy, this is shaping up as another busy week ahead with multiple CB meetings, a full data calendar and even another important Eurogroup meeting for Greece.

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FX Daily, May 16: Greenback and Dollar Bloc Lose Ground to Europe and Yen

2017-05-16

by Marc Chandler

2017-05-16

Dollar selling pressure emerged at the end of last week, partly in response to disappointing US economic data. This selling pressure carried over into yesterday's activity. It appeared to have been trying to stabilize yesterday in the North American session.

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FX Daily, December 14: Markets Quietly Edge into FOMC Meeting

2016-12-14

by Marc Chandler

2016-12-14

FX Performance, December 14 2016 Movers and Shakers

The Pound is entering mid-December in the same fashion it begun the month after having a very strong November as well. After being buoyed by Donald Trump’s victory and the High Courts ruling that parliamentary approval is needed before invoking Article 50, the Pound has been boosted further after economic data has also impressed, with yesterday being a good example of this.

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FX Daily Rates, October 17: Dollar Starts Week Narrowly Mixed, while Bonds and Stocks Retreat

2016-10-17

by Marc Chandler

2016-10-17

FX Performance, October 17 2016 Movers and Shakers

The US dollar is consolidating in relatively narrow trading ranges. Participants appear to be waiting for fresh incentives, while the recent rise yields continue and equities have begun the new week on a soft note. Yellen spoke before the weekend, and her explicit willingness to tolerate higher inflation pushed yields higher, while not deterring expectations for a hike in December.

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US Economy – Curious Pattern in ISM Readings

2016-09-08

by Pater Tenebrarum

2016-09-08

Head Fake Theory Confirmed? This is a brief update on our last overview of economic data. Although we briefly discussed employment as well, the overview was as usual mainly focused on manufacturing, which is the largest sector of the economy by gross output.

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FX Daily, August 16: Dollar Slumps, but Driver may Not be so Obvious

2016-08-17

by Marc Chandler

2016-08-17

The US dollar is being sold across the board today. The US Dollar Index is off 0.65% late in the European morning, which, if sustained, would make it the largest drop in two weeks. The proximate cause being cited by participants and the media is weak US data that is prompting a Fed re-think.

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FX Daily, June 15: Key Data and FOMC

2016-06-15

by Marc Chandler

2016-06-15

The Swiss Franc was today on the back-foot against the euro, while the FOMC helped him to rise against the dollar. Yesterday Swiss producer prices were published. Negative changes in producer prices in 2015 reduce the Swiss franc overvaluation in terms of the Real Effective Exchange strongly. Now, however, changes producer prices are approaching zero again.

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Will the Dollar Appreciate on higher U.S. Savings and a Smaller Trade Deficit?

2014-07-12

by George Dorgan

2014-07-12

In summer 2013, even the sceptical and "gold-friendly" economist John Mauldin followed the mainstream thinking that fracking and other technology could reduce OPEC's and the Chinese advantage in global trade and reduce the U.S. trade deficit. Recently both claims got refuted: the first with WTI crude oil prices rising to nearly 108$ despite enhanced supply. Detailed data showed that rising U.S. industrial production was not caused by more...

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Fundamentals,FX,Gold and CHF: Week October 28 to November 3

2013-11-02

by George Dorgan

2013-11-02

This week had a focus on – due to the government shut-down – the long awaited U.S. data: Highest importance: The ISM Manufacturing Purchasing Manager Index (PMI) for October came in at 56.4, higher than the 55 expected. The value for new orders and for production remained above 60 despite the government shutdown. The value …

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Fast CHF and Gold Price Movements

2013-11-01

by George Dorgan

2013-11-01

Our CHF and Gold News Bar on our home page explains daily CHF and gold price movements based on the most important fundamental indicators in a few sentences. Keep in mind that the only Swiss fundamental data that is able to move the CHF must come from the SNB and from Swiss inflation data – … Continue reading »

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Fundamentals and FX Movements, Week September 16 to September 20

2013-09-22

by George Dorgan

2013-09-22

Weekly summary of fundamental news with a focus on CHF and gold price movements. Friday, September 20:The St. Louis Fed president James Bullard explained that the Fed was close to tapering 10 bln. $ and that markets overreacted after the FOMC with their strong performance. As a consequence the S&P500 inched down by 0.6% while …

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Is EUR/CHF 1.30 Possible?

Perfect charts by Goldman's Jim O'Neill that help to understand the former and future growth of different emerging, "growth markets", the BRICS. We criticise his partially over-optimistic views.

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Same Procedure as Every Year: Analysts Shouting “The Great Recession is Over!” But It Is Not!

2013-01-06

by George Dorgan

2013-01-06

Or why we do not believe in the American economy. Like every year in Q4, analysts proudly present the end of the great recession: 2009: The big picture: The Great Recession is Over! Long Live the Ordinary Recession …. 2010: Mish Global Trend Analysis: The Great Recession is Over; Bad News: It Doesn’t Feel Like … Continue...

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