Category: Economic Outlook
-
December 2024
Economic Outlook for December 2024 Purchasing Managers Index (PMI): The ISM Manufacturing PMI for December improved to 48.4 from 47.7 in November, signaling a slower contraction in the manufacturing sector. Resilient new orders and improved production dynamics contributed to the uptick, though challenges remain due to weaker global demand. The ISM Services PMI remained strong…
-
November 2024
Economic Outlook for November 2024 Purchasing Managers Index (PMI):The ISM Manufacturing PMI for November declined to 46.5, down from 47.2 in October, marking continued contraction in the manufacturing sector. Weak new orders and production remain key challenges, highlighting persistent struggles within the industrial sector. However, the ISM Services PMI showed significant improvement, climbing to 56.0…
-
October 2024
Economic Outlook for October 2024 Purchasing Managers Index (PMI):The ISM Manufacturing PMI for October held steady at 47.2, matching the September figure. This marks a continuation of contraction in the manufacturing sector, with weak new orders and production levels persisting. However, job openings in the manufacturing space showed a slight recovery, rising to 8.04 million,…
-
September 2024
Economic Outlook for September 2024 Purchasing Managers Index (PMI):The PMI for September 2024 came in at 47.2, slightly above August’s 46.8 but still well below the 50 threshold, indicating ongoing contraction in the manufacturing sector. While the pace of decline has moderated, subdued new orders and production suggest persistent challenges. The manufacturing sector remains constrained…
-
August 2024
Economic Outlook for August 2024 Purchasing Managers Index (PMI): The PMI for August 2024 registered at 48.6, which is the same as July. However this still indicates a fourth consecutive month of contraction in the manufacturing sector. New orders and production levels continue to struggle, and despite some easing in supply chain disruptions, weak demand…
-
July 2024
Purchasing managers index: The PMI for July indicated a continued contraction in the manufacturing sector, with a reading of 48.6, down from 49.0 in June. This marks the third consecutive month of contraction, driven by declining new orders and production. Supply chain disruptions have lessened, but demand remains weak, reflecting broader economic uncertainty. Unemployment rate:…
-
June 2024
After a long break due to taking some time off to study for my GCSE finals, I am back to the monthly analysis of the economic perspective with trading. Overall this month was a really good month for S&P500 and most stocks, this was shown with both fundamental and technical analysis. Purchasing managers index: With…
-
March 2024
There is a sense of gloom in the markets as we look around the current state of the economies. The US job numbers for the previous months have been revised downwards and there is a sense that the high interest rates are creating a tough environment for businesses to survive. The Housing Market is also…
-
February 2024
February 1st Federal fund Rates and FOMC Statement prediction: With this month I still believe that the FED will not raise the interest rates nor cut them. The forecast for this month is 5.50% and I believe it will remain like this as it has for the past 4 months. However with the FED statement,…
-
January 2024
With the start of January 2024 Stocks experienced an uptrend following the release of data indicating that the U.S. economy surpassed expectations with a faster growth rate in the fourth quarter, accompanied by a deceleration in inflation. Furthermore, early statistics indicating a strong annualized growth rate of 3.3% for the U.S. economy in the fourth quarter—beyond economists’…
Trade FX for you 