UK January final manufacturing PMI 54.1 vs 52.9 prelim 0 (0)

Latest data released by Markit – 1 February 2021
The preliminary report can be found . A positive revision to the initial estimate but the reading still marks a three-month low as virus restrictions and supply-chain disruptions impact manufacturing activity to start the new year. Markit notes that:

Go to Forexlive

ICYMI: Australia’s Perth goes into five-day lockdown after hotel quarantine security guard tests positive for COVID-19 0 (0)

That puts an end to Western Australia’s 10-month coronavirus-free streak
This comes as the security guard working at the hotel – which serves as a quarantine facility for inbound travelers – tested positive for COVID-19 with fears it could be a UK or South African variant. Western Australia premier, Mark McGowan, said that:

Go to Forexlive

China January PMIs: Manufacturing 51.3 (vs. expected 51.5) & Non-manufacturing 52.4 (expected 55.0) 0 (0)

China’s China’s National Bureau of Statistics (NBS) official survey PMIs 
The PMI index of manufacturing sentiment hit a 38-month high of 52.1 in November last year. Its been above 50, and in ‚expansion‘ for most of 2020 despite the pandemic impact. China’s policy of „internal circulation“ (in a nutshell business buying locl inouts rather than imported where

Go to Forexlive

Forexlive America FX news wrap: The GBP ends the month as the strongest of the majors 0 (0)

The forex news for North American trading on January 29, 2021
It was a relatively quiet day for the meme stocks, after yesterday’s volatile price action following the restrictions on trading by RobinHood and others. The relative calm in the meme stocks, did not  stop the major US indices from moving sharply to the downside and

Go to Forexlive