China caixin pmi manufacturing rose to 50.9, activity improved

China Caixin PMI Manufacturing rose from 49.5 to 50.9 in May, signaling the first improvement in the health of the sector since February. Caixin noted...

June 1, 2023, 4:52 am

Japan's topix hit its highest since august 1990 (also, expectations for boj to widen ycc)

Japan’s Tokyo Price Index, also known as Topix, is up over 6% YTD. Topix is a broad index, with around 2,000 constituents.Soc Gen on the performance...

May 17, 2023, 3:46 am

Eurgbp market analysis: tracing key technical levels and potential trading moves

The EURGBP trended downwards last week, but it experienced a surge of buyers on Thursday, reversing its declining trajectory. From a technical perspec...

May 15, 2023, 2:19 pm

Beyond exxonmobil: these 3 dividend stocks are smarter buys right now

TotalEnergies has proven it can survive an energy downturn and benefit from an upturn, and is expanding...

May 14, 2023, 8:22 am

Pin: still a compelling option for this year

There remains a lot to like about the Indian growth story, and the recent upturn in Indian equities pos...

May 11, 2023, 5:10 am

S&p global jpmorgan global composite output index (global pmi) hits highest in 16 months

This is an encouraging sign for the global economy. From the report:The start of the second quarter saw a further acceleration in the rate of global e...

May 10, 2023, 2:25 am

Gold finds support ahead of inflation data!

The yellow metal remains on the front foot after holding about the $2K level. A strong NFP report saw gold slide on Friday, however, it maintains its ...

May 8, 2023, 9:22 am

April us s&p global final services pmi 53.6 vs 53.7 prelim

Prelim was 53.7Prior was 52.6Composite 53.4 vs 53.4 prelimPrior composite was 52.3 Services rate of expansion in new orders was the sharpest for almos...

May 3, 2023, 1:45 pm

Bitcoin mining stocks surge amid btc market upturn

The recent upturn in the cryptocurrency market, led by the flagship decentralized finance (DeFi) asset ...

March 20, 2023, 9:31 am

Nextier: huge beneficiary of oil/gas drilling upturn

NexTier is trading at 4x forward EPS and 2.8x EV to EBITDA, with even cheaper valuations possible in 2024. Some of the highest profit margins in the o...

March 8, 2023, 10:19 am

Us s&p global final service pmi 50.6 vs 50.5 prelim

• Prelim 50.5
• Prior 46.8
• Composite 50.1 vs 50.2 prelim
• Prior composite 46.8

Chris Williamson, Chief Business...

March 3, 2023, 2:45 pm

Gold awaits pmi for further push!

Gold has seen an upturn this past week as prices bounce away from the $1800 level. The yellow metal cou...

March 3, 2023, 9:08 am

Italy february services pmi 51.6 vs 53.1 expected

• Prior 51.2
• Composite PMI 52.2
• Prior 51.2

The reading may be softer than estima...

March 3, 2023, 8:46 am

5 chip stocks to buy for the upturn, according to an analyst

Raymond James says Nvidia is the “undisputed leader” in artificial intelligence applications....

March 2, 2023, 2:35 pm

A bull market is coming: 3 reasons to buy mcdonald's stock

The fast food giant has a business that does well during economic upturns but also manages well in down...

February 15, 2023, 10:44 am

Usdjpy trapped below 133.00 as us cpi inflation looms

USDJPY ran out of steam near February’s bar of 133.00 for the second time, despite Monday’s notable rebound. The 50-day simple moving average (SMA...

February 14, 2023, 8:56 am

Bracing for us cpi

Market movers today Today’s market highlight will be the US CPI print for January. We forecast core CPI at 0.4% m/m, which is on the upper end of co...

February 14, 2023, 7:26 am

Us fed 'insider' timiraos asks what if no landing, hard or soft, & us economy accelerates

A weekend piece in the Wall Street Journal from noted Fed whisperer Nick Timiraos

• ...

  February 12, 2023, 11:20 pm

China pmi composite rose to 51.1, services a boom and manufacturing a drag

China Caixin PMI Services rose from 48.0 to 52.9 in January, first expansionary reading in five months. PMI Composite rose from 48.3 to 51.1, the firs...

February 3, 2023, 6:17 am

Aud/usd continues upward march breaking us$0.71

The Australian dollar sought to consolidate Wednesday’s late upturn, maintaining a break above US$0.7...

January 26, 2023, 10:59 pm