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Benzinga Market Primer: Wednesday, July 31: Futures Higher Heading Into FOMC Decision
Wednesday, July 31, 2013 - 6:33am | 1334Futures Higher Heading Into FOMC Decision, Second Quarter GDP U.S. equity futures rose slightly in early pre-market trade ahead of some key economic data from around the world. Also, the FOMC rate decision is due out today after the first look at second quarter GDP but there will be no press...
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Global Manufacturing PMIs Rise in May, U.S. Reports in Focus
Monday, June 3, 2013 - 8:34am | 537Global Manufacturing PMIs showed an improved economy in May as compared to April. Reports from China to the U.K. over the weekend and early Monday pointed to a rebound in Chinese manufacturing, slower contraction in the eurozone, and growth in the U.K. Chinese Manufacturing On Saturday, June 1,...
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Chinese Manufacturing Underperforms in March; Raises Fears of Another Summer Swoon
Monday, April 1, 2013 - 9:14am | 551Two broad measures of Chinese manufacturing pointed to weakness in March following declines in February. The manufacturing weakness raises fears of the global economy once again experiencing a summer slowdown as it has in the previous three years. First, the official Chinese Manufacturing PMI was...
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Benzinga Market Primer: Monday, April 1
Monday, April 1, 2013 - 6:42am | 782Futures Lower On Chinese Growth, Italian Political Fears U.S. equity futures slipped in early pre-market trade Monday as China's economy took a setback in March and Italy's political crisis flared over the weekend. China's manufacturing sector grew slower than expected in March, with the official...
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China Manufacturing PMI Rises In March
Thursday, March 21, 2013 - 6:57am | 24China's flash manufacturing Purchasing Managers' Index improved to 51.7 in March, versus a final reading of 50.4 for February, according to preliminary data released by HSBC.
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Chinese PMI Weakness in February Not An Immediate Cause for Concern
Monday, March 4, 2013 - 7:42am | 360Over the weekend, the Chinese government released the official non-manufacturing PMI which missed estimates sending risk assets across Asia lower. The weak services PMI followed the weaker than expected manufacturing PMI last week, spooking investors that the global economic recovery could be in...
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Benzinga Market Primer: Monday, March 4
Monday, March 4, 2013 - 7:15am | 959Futures Lower on Weak Chinese Data, Italy Fears U.S. equity futures fell in early pre-market trade Monday following weaker than expected data from China and also on continued fears surrounding the state of Italian politics. New data showed that China's services sector grew faster than expected in...
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Global Manufacturing PMIs Bounce In January
Friday, February 1, 2013 - 8:32am | 437Manufacturing PMIs around the world bounced higher in January as the outlook for the global economy continued to improve. Manufacturing data from China to England showed improvement in the global manufacturing sector in the month, a positive sign for the global economy. In China, the official...
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Benzinga Market Primer: Friday, February 1: Non-Farm Payrolls Edition
Friday, February 1, 2013 - 7:27am | 861Futures Rise Ahead of Non-Farm Payrolls, Manufacturing Data U.S. equity futures rose strongly in the pre-market ahead of the much awaited Non-Farm Payrolls report. Also, positive macroeconomic signs were seen in the form of stronger than expected manufacturing PMI's in China and the Eurozone...
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Benzinga Market Primer: Thursday, January 31
Thursday, January 31, 2013 - 7:34am | 917Futures Flat After GDP U.S. equity futures were flat in pre-market trade Thursday following the weak GDP report issued in the U.S. Wednesday. The Bureau of Economic Analysis reported that the economy contracted 0.1 percent in the fourth quarter. However, the underlying growth rate, excluding...
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Global Growth Stagnates in November
Monday, December 3, 2012 - 1:19pm | 493Purchasing Manager's Indices from around the world released over the past few days have pointed to a lack of global growth in November, with improvement in China being offset by weakness in the U.S., partially attributable to Hurricane Sandy, and the perpetual recessionary state of the European...
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Benzinga Market Primer, Monday, December 3
Monday, December 3, 2012 - 7:56am | 780Futures Rise on Chinese Data U.S. equity futures rose slightly in early Monday trade following a slew of Chinese data over the weekend. The Chinese Manufacturing PMI rose to 50.6 in November from 50.2 in October, showing a continued recovery in the sector. In addition, the official Services PMI...
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Benzinga Market Primer, Monday October 1
Monday, October 1, 2012 - 6:16am | 834U.S. equity futures rose in early Monday trading as Europe's manufacturing sector shrank less than previously thought in September and Spain's bank stress tests showed that its financial sector needs less capital than previously thought. The benchmark Eurozone Manufacturing Purchasing Managers...