What is it? It checks the level of an index based on questioning purchasing managers in the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Usual Effect: If the actual number is bigger than the forecast, you can expect the GBP to rise.

When? Today (1.10) at 4:30am Eastern Time.

 

Trading Tip: It's a good time to trade the GBP as it will be affected by this announcements.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories: 

4 Investing Secrets of the Rich

The Euro Dropped to a 2 Year Low

Announcements Makes Today Good for Trading

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

The protests in Hong Kong and the tension in Syria has caused the US stocks to drop today. Asian markets were also mostly low today.

The biggest drop in the Asian market was The Hang Seng, which lost 1.28$, its biggest fall since 2012. Investors think that the reasons are the ongoing protests and the concerns that the Chinese growth is declining.

The Europeans markets were mixed today as a cause of data from the Euro zone. The data mentioned that there’s a negative inflation in Europe.

The USD is still going strong and investors are expecting that the US will raise interest rates soon. This caused the Gold to drop.

 

Trading Tip: It's a good idea to trade in Gold or USD. If one of them goes up, there's a good chance that the other will go down.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories: 

The Euro Dropped to a 2 Year Low

4 Tips for Today's Trading - 30/9

Announcements Makes Today Good for Trading

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

1) The past month has been difficult for investors. Ahead of the final trading day of the month, all the main U.S. indexes were in the red.

 


2) Hong Kong's main stock market index, the Hang Seng, kept falling Tuesday as large pro-democracy protests show no signs of lessening. The index has dropped for the past four trading days.


3) Be ready for the S&P/Case-Shiller home price index to come out at 09:00am Eastern Time.


 4) European markets were broadly higher in early trading, with the exception of the FTSE 100.

 

 

Talk to us to get get FREE signals and start earning now: 

 

Other top stories: 

Announcements Makes Today Good for Trading

Manufacturing PMI

GDP Announcement

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

 

Subcategories

Please publish modules in offcanvas position.