Ṣẹ akiyesi iho; Imudojuiwọn Owurọ Mid Mid wa fun Ṣi i New York…

Oṣu Keje 1 • Ṣẹ akiyesi iho • Awọn iwo 3566 • Comments Pa lori Mind The Gap; Imudojuiwọn Owurọ Mid Mid wa fun Ṣi i New York…

In the overnight/early morning Asian session the print published Forexregarding Chinese data, (the manufacturing PMI), came in as forecast by the economists polled. The figure was 50.1. The HSBC Markit publication was slightly lower than forecast at 48.2, a nine month low, but not significant as a miss in order to alter the current positive trends in  Asian indices by any margin. The Japan Tankan surveys, both manufacturing and non manufacturing, providing a positive boost to the main Japanese index. The Tankan non manufacturing survey/index rising from 6 to 12 in the latest print.

Awọn PMI European

Moving on to the European PMIs printed by Markit economics this morning, Spain’s PMI finally arrested its slide. The PMI figure came in at precisely 50, its best print since April 2011. New orders and an increase in manufacturing being the key sectors of improvement.

The Italian PMI printed this morning was also cause for optimism, at 49.1, the highest since July 2011, it improved significantly on the 47.3 printed last month. France’s PMI shrinkage was the lowest observed for sixteen months, the PMI rose to 48.4, up strongly, by two points, versus May’s figure.

Unfortunately Germany spoiled the party in relation to improved European PMI figures, falling to 48.6 from 49.4, the key issues for the miss are falling orders. Perhaps any party should be postponed given that Italy’s unemployment levels are now at record highs beating the worst figures witnessed since 1977. At 56.6% in employment just over  one half of the adults of working age are currently in work in Italy.

UK PMI ti wa ni 52.2 nitori imularada iṣelọpọ ti o lagbara, pẹlu awọn aṣẹ ti n pọ si lati Eurozone. Markit gbagbọ pe GDP UK ṣee ṣe mu nipasẹ 0.5% lakoko mẹẹdogun to kẹhin.

Samisi Carney

In other news the new governor of the UK Bank of England, Mark Carney, starts his first day in his new job, many analysts believing that sterling will come under pressure as he pushes for more monetary easing and ignores the previous administration’s care where inflation targets are concerned.

Troika pada si Greece

Ni ipari troika ti pada si ilu loni, Athens lati jẹ deede. Troika (Fund Monetary International, European Central Bank ati European Commission) pada si Athens lati pari igbelewọn wọn nipa eto-ọrọ aje rẹ.

Finance minister Yannis Stournaras will sit down with the Troika at 5pm local time (3pm BST), after a two-week break (due to Greece officials closing its state broadcaster, EPA). The key issue is whether or not Greece has done enough to receive its next bailout tranche, worth approx. €8.1bn. Speculation is rife that Greece will only receive a proportion of the funds given that it hasn’t met some of the pre-determined targets.

For example, Greece’s privatisation programme is behind schedule after failing to sell its gas network DEPA, whilst Civil service layoffs have not reached their targets. The troika wants tens of thousands of public workers cut from the nation’s payroll. The government has been dragging its heels on this issue, although shutting EPA has (sadly) added to the mass ranks of unemployed.

Fojusi lori FX, awọn atọka ati awọn irin

Pelu awọn nọmba PMI rere lati Eurozone ati UK ni ipa lori aṣa lọwọlọwọ ti EUR / USD ati okun ti jẹ aifiyesi. USB ti duro ni ipinnu si ibiti o wa ni agbegbe aaye pataki ojoojumọ lakoko ti EUR / USD ti ṣe afihan apẹẹrẹ naa.

Euro, greenback ati sterling ti tẹsiwaju ipa wọn lodi si yeni lati igba Asia, gbogbo awọn owo nina mẹta ti o lodi si yeni bi atokọ Japanese akọkọ ṣe daadaa daadaa si awọn iwadii Tankan tuntun. Dola naa ti kọja nipasẹ R1 dipo yeni, o lu R2 ni idẹta lakoko ti Euro tun ṣẹ R1 dipo yeni ni igba owurọ London.

Awọn owo nina miiran ti ni ilọsiwaju si yeni, paapaa julọ Loonie ati Aussie mejeeji n tẹsiwaju nipasẹ R1 lẹhinna tun pada sẹhin si ipele agbesoke ojoojumọ.

The Aussie peeled away from the daily pivot line versus the greenback to then retrace and exist close to the daily pivot. The Loonie (Canadian dollar) displayed a similar pattern versus USD, once again ‘hugging’ the daily pivot level.

The UK FTSE responded positively to the UK’s PMI print, however, the positive sentiment is muted as the index clings resolutely to the daily pivot level. The equity index future for the DJIA is positive, particularly on the two hour chart the index is  bullish. Price has broken away from the daily pivot line but yet to breach R1. Eyes will be on the New York session to see if the index pushes back up through the key psyche number of 15,000.

Goolu ti ni irisi bullish lori chart wakati meji, awọn olufihan jẹ rere pẹlu n ṣakiyesi si ero goolu. Bakan naa fadaka ti ni ilọsiwaju, ni aaye kan ni igba Asia ti o de R1 lati ibiti o ti padasehin.

Epo AMẸRIKA ko tii de ọdọ R1 pelu awọn nọmba PMI ti o dara lati ọpọ julọ ti awọn orilẹ-ede Eurozone ati UK. Awọn nọmba PMI ti Ilu Ṣaina le ti jẹ ijẹẹmu tutu. Mejeeji epo UK ati epo AMẸRIKA jẹ pẹlẹbẹ ni owurọ London.

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