Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
Philly Fed shows risk of slowdown; DXY
The Employment component and the Prices Paid component were big contributors to the weaker print. Could we be seeing the first signs of a slowing jobs market and lower inflation?
Is the manufacturing sector telling us something?
Are these large drops in the manufacturing data indicative of a slowdown ahead in the rest of the economy?
Asian Open: ISM Eases, Fed Hints at Early Taper, RBA Up Next
ISM manufacturing data tracked China’s PMI lower in July, although it remains at a relatively higher level both historically and compared to China’s manufacturing PMI.
Why trade with FOREX.com?
Tight spreads from 0.5 pts on FX and 1 pt on indices.
Award-winning platforms with fast and secure execution.
Mixed manufacturing data and Powell testimony provides range trading opportunities for traders
Watch employment data and wages to help determine time frame for Fed tapering
What are economic indicators and why are they important?
Economic indicators give traders and investors crucial insights into the health of a country’s economy, which can impact the profitability of positions on a range of markets, including forex, stocks and indices. Discover what economic indicators are and 10 popular macro indicators to watch.
Open an account in minutes
Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.