S&P Global will publish the preliminary estimates of the United States (US) Purchasing Managers Indexes (PMIs) for November on Friday.
The S&P Global preliminary PMI s for November are likely to show little variation from the October final readings. Markets are undecided on whether the Federal Reserve will lower the policy rate again in December. EUR/USD remains technically bearish ahead of the PMI data. S&P Global will publish the preliminary estimates of the United States Purchasing Managers Indexes for November on Friday. The indexes result from surveys of the senior executives in the private sector.
This results in a stronger US Dollar as it makes the US a more attractive place for international investors to park their money. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback. How often does the Fed hold monetary policy meetings? The Federal Reserve holds eight policy meetings a year, where the Federal Open Market Committee assesses economic conditions and makes monetary policy decisions.
Economicindicator Unitedstates SEO
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia's Judo Bank Manufacturing PMI improves to 49.4 in November, Services PMI eases to 49.6The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) improved to 49.4 in November from 47.3 in October, the latest data published by Judo Bank and S&P Global showed on Friday.
Read more »
China's NBS Manufacturing PMI rises to 50.1 in October, Non-Manufacturing PMI improves to 50.2China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 50.1 in October, compared to 49.8 in the previous reading.
Read more »
Germany HCOB Composite PMI drops to 47.3 in November vs. 48.6 expectedBusiness activity in Germany's private sector contracted at an accelerating pace in early November, with the preliminary HCOB Composite Purchasing Managers Index (PMI) dropping to 47.3 from 48.6 in October.
Read more »
GBP/USD skids into new ten-week low ahead of global PMI printsGBP/USD shed another half of a percent on Wednesday, tipping into a fresh ten-week low and grinding down toward the 1.2900 handle.
Read more »
Weekly Horoscope: November 3 - November 9See what the stars have in store for you with this weekly horoscope, including why the cosmos are causing even more stress.
Read more »
November is about to feel much more like November!Mark Johnson has been News 5's Chief Meteorologist since 2003.
Read more »