The recovery in Italy‟s manufacturing sector showed signs of stalling in August, ac cording to the latest survey data. Output levels rose only marginally and at the weakest rate since June 2013, reflecting a slowdown in growth of new orders. Employment levels and purchasing activity bot…
Original post:
Italian Manufacturing PMI
The following are the intraday outlooks for EUR/USD, EUR/JPY, EUR/GBP, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Still offered. With the Thu/Fri bounce occurring in a clear three wave corrective manner a new trend low was confirmed breaking 1.3160. So far the…
See more here:
Intraday Outlooks For EUR/USD, EUR/JPY, EUR/GBP, USD/CAD – SEB
Growth was maintained in the Spanish manufacturing sector during August as new orders increased at a sharper pace than in July. As a result, firms continued to raise their staffing levels. Output prices decr eased for the first time in four months, with panellists commenting on the use of dis…
Continued here:
Spanish Manufacturing PMI: Fastest rise in new orders since April 2007
Between Mario Draghi and quantitative easing lies an obstacle course. The European Central Bank president’s signal that he’s considering large-scale bond purchases raises the question of how to surmount hurdles from political and legal challenges to conflicts with measures announced just three m…
Originally posted here:
Draghi’s Deflation Warning and the QE Obstacle Course
Grappling with a slowing economy, China’s biggest banks are turning their back on mainstay borrowers like manufacturers and courting high growth industries such as healthcare, food and IT in a bid to boost revenue. The shift in focus by the state-owned lenders coincides with a spike in non-perfo…
Here is the original post:
China banks seek new lending horizons as bad debts rise
Preliminary estimates for August indicate that the index rose by 1.6 per cent (on a monthly average basis) in SDR terms, after declining by 1.3 per cent in July (revised). The largest contributor to the increase in August was the price of iron ore. The base metals subindex rose in the month while…
See the original post:
RBA Index of Commodity Prices: August 2014
The German economy is losing momentum. As the Federal Statistical Office (Destatis) already reported in its first release of 14 August 2014, the gross domestic product (GDP) decreased 0.2% – upon price, seasonal and calendar adjustment – in the second quarter of 2014 compared with the previous…
See original here:
Germany: Detailed gross domestic product results for the 2nd quarter of 2014
With the Labour Day market holiday in United States and Canada, today’s trading day will be dominated by initial market reaction to the worsening Ukrainian crisis. Over the weekend, EU leaders warned that additional economic sanctions would be imposed on Russia unless Moscow begins scaling back its…
Original post:
3 Numbers: German GDP contracts, Eurozone PMI, UK Monetary data
TTCM Traders Trust Capital Markets Ltd has officially announced the acquisition of the clientele of Cypriot Forex broker Jiffix Markets Limited (JFX), with the transition of all accounts effective as of August 18, 2014. The website of JFX, which has been barely active for the past year, now…
See original here:
Traders Trust acquires clients of Cypriot Forex broker JFX
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe. Der Spiegel reported, without citing any sources, tha…
Read the rest here:
Merkel unhappy with Draghi’s apparent new fiscal focus – Spiegel
The European Central Bank will meet on Thursday and announce any changes to its already easy monetary policy. The meeting follows an ugly series of depressing economic reports. And amid broad evidence of slowing, it’s become very clear that inflation is getting closer to zero. On Friday, we lear…
View original post here:
Mario Draghi And The European Central Bank Can’t Ignore This Chart
For 31-year old Beijing resident Wang Yuanzhi, talk about a bubble in Chinese property is not something to be too concerned about. “If you look at the real estate market in China, it has already seen a golden decade of extreme fast growth. There will still be room for growth in this market, even …
See more here:
China real-estate: A bubble bursting
The competitive nature of playing a sport has helped a lot of folks succeed on Wall Street. And tennis is one of the most popular sports in finance today. Wall Street is littered with top tennis players. Many of them were top ranked junior players. Some were All-Americans in college. A few pla…
Here is the original:
55 Of The Most Serious Tennis Players In Finance
Chinese manufacturers saw a further improvement in overall operating conditions in August. That said, the pace of improvement eased to a fractional pace as both output and new order growth slowed and job shedding in the sector persisted. Meanwhile, input costs declined for the first time i…
See the original post here:
HSBC China Manufacturing PMI improve at slowest pace in three months
Japanese manufacturing business conditions improved during August, with both output and new orders rising at the fastest pace since before the sales tax increase was implemented in April. Similarly new export orders rose in August. Purchasing activity rose on the back of new order growth, whil…
Excerpt from:
Markit/JMMA Japan Manufacturing PMI reaches five-month high
As poor economic data rattles faith in Abenomics following the April consumption tax hike, one analyst told CNBC that uncertainty over the outlook for Japan’s economy will linger for some time. …
View original post here:
Why Japan’s economy is stuck in ‘no man’s land’
A gauge of China’s manufacturing fell, suggesting the central government will have to step up stimulus to meet its expansion target of 7.5 percent this year. The Purchasing Managers’ Index was at 51.1 for August, the National Bureau of Statistics and China Federation of Logistics and Purchasing s…
View original post here:
China Manufacturing Gauge Drops as Risks to Growth Target Mount
Prices of goods and services were fairly flat in August, making the chance of an interest rate hike less likely. The flat result for the latest TD Securities/Melbourne Institute monthly inflation gauge followed a 0.2 per cent rise in July. Price rises for fruit and vegetables, furniture and th…
See the rest here:
Australia inflation beginning to slow
Sports gamblers have lots in common with stock market investors. They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains. And of course, they both hate to lose. But don’t let those similarities fool you. Gam…
Go here to see the original:
Sports betting vs. the stock market
The British pound remained on low ground, licking its wounds. The new month offers a very busy calendar, with the rate decision and PMIs standing out. Can cable recover? Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. BBA mortgage approvals …
Read the rest here:
GBP/USD Forecast Sep. 1-5
