Purchasing Managers Index Archives - Forex Crunch https://www.forexcrunch.com/blog/tag/purchasing-managers-index/ Forex Trading with a Personal Touch Tue, 10 Jan 2023 13:10:30 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.3 https://www.forexcrunch.com/wp-content/uploads/2021/08/ForexCrunch-favicon-1.svg Purchasing Managers Index Archives - Forex Crunch https://www.forexcrunch.com/blog/tag/purchasing-managers-index/ 32 32 Rising Global Inflation Brings Central Banks into Focus https://www.forexcrunch.com/blog/2017/01/17/rising-global-inflation-brings-central-banks-focus/ Tue, 17 Jan 2017 07:31:13 +0000 https://www.forexcrunch.com/?p=73950

PMI Data Points Higher Data releases over the start of the year reflect a turn higher in global inflation and global growth. Indeed, the global composite PMI marked a post- 9/11 high in December. Typically, higher oil and other commodity prices alongside weaker currencies in some areas foster these conditions. There is now a growing...

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]]> EUR/USD Forecast Nov. 23-27 https://www.forexcrunch.com/blog/2015/11/21/eurusd-forecast-nov-23-27/ https://www.forexcrunch.com/blog/2015/11/21/eurusd-forecast-nov-23-27/#comments Sat, 21 Nov 2015 11:16:04 +0000 http://www.forexcrunch.com/?p=64903

EUR/USD  extended its range to the downside in a choppy week. PMIs, another German survey and inflation data will be watched.  Here is an outlook for  the highlights of this week and an updated technical analysis for EUR/USD. Euro-zone inflation edged up, but the euro didn’t really react. Draghi took advantage of his public appearance...

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]]> https://www.forexcrunch.com/blog/2015/11/21/eurusd-forecast-nov-23-27/feed/ 1 Could PMIs be missing something? https://www.forexcrunch.com/blog/2013/09/02/could-pmis-be-missing-something/ Mon, 02 Sep 2013 06:29:37 +0000 http://www.forexcrunch.com/?p=45455

Purchasing managers’ indices are considered excellent forward looking indicators, as they reflect growth prospects. Usually, there is a nice correlation between PMIs and future growth, often with a two month lag. However, an example from a very developed country casts doubt on validity of PMIs, especially in turning points. Sweden reported a contraction of 0.1%...

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]]> Euro-zone PMIs improve, but fail to impress https://www.forexcrunch.com/blog/2012/11/22/euro-zone-pmis-improve-but-fail-to-impress/ https://www.forexcrunch.com/blog/2012/11/22/euro-zone-pmis-improve-but-fail-to-impress/#comments Thu, 22 Nov 2012 09:02:49 +0000 http://www.forexcrunch.com/?p=39283

Markit’s purchasing managers’ indices improved in the euro-zone, but all the forward looking figures remain under the critical 50 point mark – contraction. With calm on the Greek front (for now), EUR/USD remains stable in the higher range: at 1.2864, capped by resistance at 1.2880. The all-European Services PMI rose from 45.4 to 46.2 points,...

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]]> https://www.forexcrunch.com/blog/2012/11/22/euro-zone-pmis-improve-but-fail-to-impress/feed/ 2 Forex Daily Outlook – May 2 2011 https://www.forexcrunch.com/blog/2011/05/02/forex-daily-outlook-may-2-2011/ Sun, 01 May 2011 22:00:16 +0000 http://www.forexcrunch.com/?p=19207

ISM Manufacturing Index in the US and Purchasing Managers Index in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, ISM Manufacturing Index, the Institute for Supply Management is an important measurement indicator for manufacturing activity on the previous month. Positive growth white 59.5 points...

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