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Cryptocurrency's Predictable Patterns: ISM Peaks And Bitcoin Halving Insights
Tuesday, August 15, 2023 - 1:49pm | 556Read More...Kevin Kelly, co-founder and Head of Research at Delphi Digital has presented a compelling argument suggesting that the cryptocurrency market is on the brink of entering a new cycle. Drawing on historical data and patterns, Kelly highlighted the cyclical nature of the crypto market and its...
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Oil Slips Further As Demand Concerns Deepen: What Key Global Factory Data Shows
Monday, August 1, 2022 - 11:25pm | 255Read More...Oil continued its downward trend during Tuesday morning trading session in Asia after several countries reported weak manufacturing data stoking fears of sluggish demand. Surveys from the United States, Europe and Asia showed that factories struggled for momentum in July, reported Reuters. Factory...
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The US Isn't The Only Nation With Concerning Manufacturing Data
Tuesday, October 1, 2019 - 4:50pm | 794Read More...Stocks sagged Tuesday on disappointing manufacturing data as economists began to worry the United States may be joining Europe and Asia in an industrial slowdown that new figures showed is continuing. The Institute for Supply Management said Tuesday that its U.S. Purchasing Managers Index...
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Fed Rate Hike Chatter Grows Louder As Economic Data Point To Strong Momentum
Friday, December 2, 2016 - 12:47pm | 845Read More...The Federal Reserve's monetary policy setting arm, or the FOMC is set to sit across the table for one last time this year to deliberate on rates. It's sure an unenviable task, given the fine line central bankers have to tread in deciding the apt course of the monetary policy. A wrong move can...
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Service Sector Continues to Grow, But at a Slower Pace
Friday, May 3, 2013 - 12:15pm | 527Read More...The Institute for Supply Management released its Non-Manufacturing Index, pointing to continued growth in April, just slightly less than in March. It registered 53.1 in April; 1.3 points lower than the 54.4 registered in March. Fourteen non-manufacturing industries reported growth in April, while...
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Trade Deficit Widens on Increased Oil Imports
Thursday, March 7, 2013 - 11:56am | 598Read More...The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced Thursday that total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of $44.4 billion, up from $38.1 billion in December, revised...
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ISM Manufacturing Index Misses Expectations
Wednesday, August 1, 2012 - 11:49am | 320Read More...The Institute for Supply Management's Manufacturing Index was released Wednesday and missed economist estimates. The index printed at 49.8 for July, higher than June's 49.7 but lower than economist expectations of 50.2. The reading below 50 in July marks the second consecutive month of declines in...
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Service Sector Expands More Slowly In June
Tuesday, July 6, 2010 - 10:26am | 101Read More...The Institute for Supply Management (ISM) said its index tracking service-oriented companies dipped to 53.8 in June from 55.4 in May. Analysts were looking for a reading of 55.0 for June. A reading above 50 indicates expansion. The U.S. service sector accounts for roughly 80 percent of employment...
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ISM Reading Shows Strong Recovery (CAT, FLR)
Monday, May 3, 2010 - 12:16pm | 114Read More...U.S. manufacturing continues to strengthen, growing at its fastest pace in almost six years in April. The Institute for Supply Management (ISM) said its index of national factory activity rose to 60.4 in April from 59.6 in March. The median forecast was for a reading of 60.0. A reading above 50...








