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Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected
Friday, July 26, 2013 - 4:05pm | 2337Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected Next week, earnings season continues with hundreds of companies set to report earnings. Also, there is a flood of economic data due out in the next week from around the world. Further, the Federal Reserve, the...
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Chinese Manufacturing Slumps Further In June; Liquidity Crunch Hurts Small Businesses
Monday, July 1, 2013 - 9:25am | 647China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...
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Benzinga Market Primer: Monday, July 1
Monday, July 1, 2013 - 6:34am | 1076Futures Rise Despite Weak China Data U.S. equity futures rose in early pre-market trade despite weak manufacturing data out of China. The official manufacturing PMI fell to a four-month low of 50.1 in June from 50.8 in May, in line with expectations. However, the HSBC manufacturing PMI, which...
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Benzinga Market Primer: Friday, May 31
Friday, May 31, 2013 - 6:36am | 940Futures Lower On Weak European Economic Data U.S. equity futures lower in early pre-market trade on a batch of weak economic data out of the eurozone. Although most of the weakness in the data points was expected, the data, including unemployment statistics and German retail sales, pointed to a...
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Benzinga Market Primer: Wednesday, May 1
Wednesday, May 1, 2013 - 6:37am | 1110Futures Higher Ahead of Key Economic Data, Earnings U.S. equity futures rose in early pre-market trade ahead of key earnings and economic data. The FOMC rate decision and policy statement is due out later today as well as the ISM Manufacturing Index and earnings from many key companies. Top News...
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Benzinga Market Primer: Tuesday, April 30
Tuesday, April 30, 2013 - 6:38am | 1124Futures Flat on Mixed Economic Data U.S. equity futures traded little changed in early pre-market trade following mixed global economic data. Mixed data out of Japan was followed by a flood of data out of Europe which continued to point to room for the European Central Bank to ease policy further...
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Chinese Manufacturing Rebounds in October
Thursday, November 1, 2012 - 10:46am | 435New data released overnight suggests that China's manufacturing sector may have bottomed over the last few months. Both the official Manufacturing PMI and the privately surveyed HSBC Markit China PMI showed a rebound in China's largest economic sector, boding well for China domestically and for the...
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Chinese Manufacturing Data May Signal Bottom in Economy
Wednesday, August 1, 2012 - 10:58am | 420Chinese manufacturing data worsened marginally in July. The National Bureau of Statistics in China reported that the official Manufacturing PMI fell in July to 50.1 from 50.2 in June. Some see this report as a glimpse of hope for the nation. Specifically, this data could signal that the slowdown in...