
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
In July, surge in Japan's manufacturing activity decreased for the second straight month, as a preliminary private poll demonstrated on Monday. It was provoked by stagnating export demand.
In July, the Markit/Nikkei Japan Flash Manufacturing Purchasing Managers Index slumped to 52.2 on a seasonally adjusted basis from June’s outcome of 52.4.
The outcome was an eight-month minimum, though it stood above the 50 threshold separating contraction from expansion for the 11th consecutive month.
The given slowdown was powered by stagnation in export orders, while reports of weaker demand from South East Asia contributed too. That’s what Paul Smith told - senior economist at IHS Markit. He added that nevertheless, the sector keeps generating jobs, with employment surge remaining amongst the best since the financial downtime.
In June, the preliminary index for fresh export orders edged down to 50.0 from 53.4. As for June’s output component, it sank to 51.4 from 52.2.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
Happy Monday, dear traders! Hope you had a great weekend and you’re ready for the last trading week in 2022! Later this week we’ll announce some exciting news for you, but now let’s look through some interesting news! Today’s events: USA, UK, Hong…
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
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