Category

PMI

Blue Point Trading Market View – June 04, 2014

PMI fun and games June 2014. Oh the fun and games we have with economic data. Many economists are still scratching their heads on the poor GDP report coming out of the US of -1.0% last month. EU data…

Blue Point Trading Market View – January 07, 2014

China slowing to start 2014. The HSBC China services Purchasing Managers’ Index fell to 50.9 in December from 52.5 in November, HSBC Holdings PLC said on Monday. China’s official nonmanufacturing PMI…

Blue Point Trading Market View – January 04, 2013

Global PMIs (December 2012) poke up – markets set for the “risk on” trade. The global manufacturing sector continued to stabilise in December. At 50.2, from 49.6 in November, as indicated by t…

Blue Point Trading Market View – November 02, 2012

Global PMIs power ahead – market up turn in the cards? The unofficial HSBC China manufacturing PMI for the October 2012 reading climbed to 49.5 from 47.9 in September. This final number was notably…

Blue Point Trading Market View – October 02, 2012

China PMI sinking – Marc Farber now even more bearish. Manufacturing in China has contracted for a second month, another sign of economic slowdown in the world’s second largest economy. T…

Blue Point Trading Market View – September 06, 2012

PMIs signalling a bottom or top in August 2012? The August 2012 ISM Manufacturing Survey PMI decreased, -0.2 percentage points, to 49.6% and is in contraction for the 3rd month in a row. In July 2009…

Blue Point Trading Market View – July 9, 2012

Predicting the market future with PMI – July 2012 equities down? The Purchasing Managers’ Index (PMI) surveys on a monthly basis by polling businesses that represent the make up of the respectiv…

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