Podcasts about manufacturing pmi

Mark Vitner and Susan Spence discuss May ISM Manufacturing PMI missing expectations. “It's the lowest level we've seen since the financial crisis,” says Mark, but sees some resilience in manufacturing. “The uncertainty around the tariff whiplash is not good for business,” emphasizes Susan, and it would take months to turn around even if trade issues were resolved tomorrow. “The inventories for customers…is low,” she adds.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

This is a recording of a live webinar recorded on May 23, 2025, starting at around 2 PM Eastern Time USA.   Ready to talk about franchising your business or help with your franchise efforts? Book a complimentary consultation with one of our consultants: https://bigskyfranchiseteam.com/consultation-routing/#callSubscribe to our other podcast: Multiply Your Success: https://www.multiplyyoursuccesspodcast.com/ Subscribe to our other podcast: Franchise Your Business: https://open.spotify.com/show/7Ff8rTBR1Oykv4dIOOBdhnLinks from the episode are here:   https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/ https://www.ismworld.org/globalassets/pub/research-and-surveys/rob/pmi/t4iff202504pmi.pdfhttps://www.ismworld.org/globalassets/pub/research-and-surveys/rob/nmi/apexrob202504svcs.pdfhttps://www.ismworld.org/globalassets/pub/research-and-surveys/rob/hospital/sprtrob202505hos.pdfhttps://tradingeconomics.com/united-states/unemployment-ratehttps://tradingeconomics.com/united-states/inflation-cpihttps://www.sca.isr.umich.edu/files/chicsr.pdfhttps://www.census.gov/econ/bfs/current/index.htmlhttps://www.uschamber.com/sbindex/summaryhttps://www.vistage.com/vistage-ceo-confidence-index/https://www.guidantfinancial.com/small-business-trends/https://www.linkedin.com/pulse/entrepreneurs-agree-now-much-better-time-startups-than-bkjie/?trackingId=1DQPHtzvzHEEIgElg8OyNw%3D%3DIn our latest Franchise Your Business podcast, we analyze current economic indicators and their impact on franchise development, revealing a stable economy with significant entrepreneurial interest despite mixed signals from manufacturing and consumer sentiment.Per the links provided and data sources cited in the video:• Manufacturing PMI at 48.7%, showing contraction but with improving trend compared to last year• Services PMI at 51.6% and Hospital PMI at 55%, indicating overall economic expansion• Unemployment rate steady at 4.2% with improving labor force participation• Inflation decreased to 2.3%, lowest since February 2021• Nearly 450,000 new businesses formed in April, showing strong entrepreneurial interest• Consumer sentiment dropped sharply, potentially due to recent tariff implemeABOUT BIG SKY FRANCHISE TEAM:This episode is powered by Big Sky Franchise Team. If you are ready to talk about franchising your business you can schedule your free, no-obligation, franchise consultation online at: https://bigskyfranchiseteam.com/ or by calling Big Sky Franchise Team at: 855-824-4759. The information provided in this podcast is for informational and educational purposes only and should not be considered financial, legal, or professional advice. Always consult with a qualified professional before making any business decisions. The views and opinions expressed by guests are their own and do not necessarily reflect those of the host, Big Sky Franchise Team, or our affiliates. Additionally, this podcast may feature sponsors or advertisers, but any mention of products or services does not constitute an endorsement. Please do your own research before making any purchasing or business decisions. References to external data sources, studies, statistics, or other third-party content are not claimed as our own unless explicitly stated. We do our best to provide proper credit and citation where due. If we unintentionally fail to cite or credit a source, please let us know, and we'll gladly correct it and provide the appropriate acknowledgment."

US equities were lower this week, as stocks ended the week below best levels after the S&P 500 hit fresh record closes this week. This week saw a rotation toward defensives and away from cyclicals and tech. Data this week included February flash Manufacturing PMI ahead of consensus, though flash Services missed and fell into contraction for the first time in just over two years, with the report flagging uncertainty over federal government policies.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, February 6, 2025. This is Nelson John, let's get started. In January, Prime Minister Modi introduced Mission Mausam, a significant climate forecasting initiative, receiving ₹1,329 crore in funding for FY26. But is this sufficient? Soumya Gupta explores. The mission, overseen by the Ministry of Earth Sciences, aims to enhance India's climate change predictions and track extreme weather with new technologies, including AI-enhanced models and advanced satellites. Initially funded with ₹2,000 crore, its budget includes ₹671 crore for FY25 and the remainder for FY26. India's climate strategy extends beyond Mission Mausam. The Ministry has integrated four programs into its PRITHVI scheme, focusing on climate research in critical regions like the Arctic and Himalayas, with a budget exceeding ₹2,500 crore through FY26. Overall, India plans to allocate over ₹50,000 crore in FY25 and nearly ₹62,000 crore in FY26 to combat climate change. Despite these investments, they account for just 1.2% of the total budget for FY26, far from the ₹57 trillion pledged through 2030 for comprehensive climate change measures. OpenAI CEO Sam Altman advocates a full-stack approach for India's AI development, contrasting with his 2023 stance where he deemed competing in AI training as "hopeless." He discussed this shift in an interview with Hindustan Times' editor-in-chief R Sukumar on Wednesday before reiterating his opinion at a discussion with IT minister Ashwini Vaishnaw the same morning. Altman points to a drastic cost reduction in AI, which now surpasses the rate predicted by Moore's Law, stating costs drop tenfold annually. This change supports more expansive AI initiatives, including foundational models which underpin technologies like ChatGPT. At his discussion with Altman later, IT minister Vaishnaw emphasized India's comprehensive strategy, from chip design to application development, drawing parallels to India's cost-effective space missions. He noted promising developments from six Indian entities poised to unveil foundational AI models within the year. In discussions with tech leaders and investors, Altman remarked on the immediate potential of AI to enhance scientific research and development significantly but tempered expectations about its current capabilities, such as curing diseases.India's services sector saw its slowest growth in over two years this January, with the HSBC India Services Purchasing Managers' Index (PMI) reading dropping to 56.5 from December's 59.3, according to S&P Global. Despite this slowdown, the sector remains in expansion territory, above the 50-point mark that separates growth from contraction. Rhik Kundu reports that the dip is attributed to decreased customer numbers and a softer rise in sales and output. HSBC's chief India economist, Pranjul Bhandari, noted that both business activity and new business indices have not been this low since November 2022. However, the new export business has provided some cushion, reflecting a rebound in services exports as of December 2024. Simultaneously, India's manufacturing sector showed improvement, with the Manufacturing PMI climbing to a six-month high of 57.7 in January, driven by an increase in new export orders. India is currently experiencing two rare events: the Maha Kumbh in Prayagraj, occurring once every 144 years, and an unexpectedly cheerful middle class following the Union Budget 2025-26. This year's budget has infused ₹1 trillion into the economy via tax rebates to middle-income earners, marking a significant shift in fiscal policy that could ripple through the economy and the equity markets. Finance Minister Nirmala Sitharaman announced substantial tax breaks that not only increase disposable income but are set to initiate a beneficial economic cycle through the Marginal Propensity to Consume. For instance, an extra ₹50,000 in a taxpayer's pocket could lead to additional spending of ₹30,000, benefiting various sectors of the economy. This increased consumption is projected to generate an economic impact of ₹2.5 trillion, based on an MPC of 0.7, indicating a significant boost to economic activity. Abhishek Mukherjee takes a deep dive into how equity investors can ride the post-budget wave in today's Long Story.  Two former SpiceJet pilots have petitioned the National Company Law Tribunal (NCLT) in Delhi to declare the airline bankrupt over ₹3 crore in unpaid dues. The pilots, Sameer Breja and Karan Gupta, claim SpiceJet didn't pay salary arrears and other dues since 2020, exacerbated by the pandemic-induced salary cuts and new payment terms tied to operational benchmarks not initially agreed upon. SpiceJet dismisses the claims as "baseless and frivolous," stating that settlements are complete pending documentation from the pilots, Dhirendra Kumar and Daanish Anand report. The NCLT suggested the plea might be a pressure tactic and adjourned the case without issuing a notice to the airline.

BUSINESS: Manufacturing PMI dips as output growth slows | Feb. 4, 2025Visit our website at https://www.manilatimes.netFollow us:Facebook - https://tmt.ph/facebookInstagram - https://tmt.ph/instagramTwitter - https://tmt.ph/twitterDailyMotion - https://tmt.ph/dailymotionSubscribe to our Digital Edition - https://tmt.ph/digitalSign up to our newsletters: https://tmt.ph/newslettersCheck out our Podcasts:Spotify - https://tmt.ph/spotifyApple Podcasts - https://tmt.ph/applepodcastsAmazon Music - https://tmt.ph/amazonmusicDeezer: https://tmt.ph/deezerStitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein#TheManilaTimes Hosted on Acast. See acast.com/privacy for more information.

BUSINES: Manufacturing PMI hits over 7-year high | Jan. 3, 2025Visit our website at https://www.manilatimes.netFollow us:Facebook - https://tmt.ph/facebookInstagram - https://tmt.ph/instagramTwitter - https://tmt.ph/twitterDailyMotion - https://tmt.ph/dailymotionSubscribe to our Digital Edition - https://tmt.ph/digitalSign up to our newsletters: https://tmt.ph/newslettersCheck out our Podcasts:Spotify - https://tmt.ph/spotifyApple Podcasts - https://tmt.ph/applepodcastsAmazon Music - https://tmt.ph/amazonmusicDeezer: https://tmt.ph/deezerStitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein#TheManilaTimes Hosted on Acast. See acast.com/privacy for more information.

European bourses give back early morning strength; US futures gain with modest outperformance in the NQ.USD began the session on a weaker footing but is now flat.USTs firmer after China Manufacturing PMI and ahead of their own metricsCrude on a firmer footing while base metals are capped by sub-par Chinese PMIs.Looking ahead, US Jobless Claims, Manufacturing PMI, Refunding Announcement.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Official data shows the purchasing managers' index for China's manufacturing sector came in at 50.3 in November, up from 50.1 in October.

Are current market valuations justified? Live from the Orlando Money Show, Cameron Dawson, CIO of New Edge Wealth, joins Jim Iuorio and Bob Iaccino to discuss various aspects of the financial market, including the impact of disruption on opportunities, the current state of valuations and earnings expectations, the importance of medium-term investing, and strategies for preparing clients for market volatility. They also explore inflation indicators and the Federal Reserve's policy stance, concluding with insights on manufacturing PMI and its implications for earnings growth. They also explore potential bubbles, dollar value, and speculative trends. Looking ahead to 2025, they debate tech's trajectory, sector rotations, and the critical role of staying open-minded amidst a crowded market.  Takeaways -The market often creates opportunities through disruption. -Valuations are currently high, and earnings will be key drivers. -Medium-term investing is crucial for both active and long-term investors. -Preparing for volatility is essential for successful investing. -Tech sector remains strong but may face challenges ahead. -Inflation indicators are mixed, and runaway inflation isn't ruled out. -The Fed's policy may not be as restrictive as perceived. -PMIs can provide insights into future earnings growth. -Understanding market dynamics is vital for investment strategies. -Disruption can lead to long-term investment opportunities. Chapters 00:00 Market Dynamics and Disruption 02:02 Valuations and Earnings Expectations 08:00 The Importance of Medium-Term Investing 12:11 Volatility and Client Preparedness 16:01 Sector Rotation and Future Trends 20:02 Inflation and Economic Indicators 22:01 Fed Policy and Economic Outlook 23:51 Manufacturing PMI and Earnings Growth

On Episode 419 of The Core Report, financial journalist Govindraj Ethiraj talks to Vinod Karki, Equity Strategist with ICICI Securities as well as Heena Vazirani, Partner at PwC india. SHOW NOTES (00:00) The Take (03:53) Markets are flat, could they stay here? (06:11) The surprising story behind the record $10 billion worth of stock sold by FIIs in October (15:04) Manufacturing PMI picks up (17:27) Indian companies are not doing enough on data privacy awareness (26:23) The Government approves a Rs 1,000 crore fund for space startups ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listeners! We await your feedback....⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements For more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join and Interact anonymously on our whatsapp channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠

Cooper Howard blames the recent weakness on raised yields brought by the Fed's rate cut in September. Jeffrey Kleintop stacks the U.S. against global markets that also cut rates, using manufacturing PMI to gauge potential surprise from ecodata down the road. They join today's Charles Schwab Big Picture to analyze the correlation between U.S. and worldwide markets. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

AIB have today published the September AIB Irish Manufacturing PMI. Emmet talks through it with David McNamara, AIB Chief Economist joins me with the details.

Data shows the purchasing managers' index for China's manufacturing sector came in at 49.1 this month.

S&P Futures are higher in the pre-market as markets react to the positive earnings results from META. After the bell today we hear from AAPL, AMZN & INTC. Sentiment is positive as Fed officials appear set to being loosening monetary policy in September. A rate decision from the BOE it due today, Japan's rate increase is strengthening the yen, causing Japanese equities to slide. Jobless Claims & Manufacturing PMI data on tap for release today. In Europe, markets are weaker due to downbeat earnings in the auto sector. Oil continues to gain on the threat of escalating tensions in the Middle East.

Official data shows the purchasing managers' index for China's manufacturing sector came in at 49.5 in June 2024, unchanged from May.

China's manufacturing sector experienced its most rapid expansion in over a year in March. The official PMI rose from 49.1 in February to 50.8 in March. What does it mean for China's economy (00:37)?A survey conducted by Japan's central bank reveals that business sentiment among major non-manufacturing companies in the country has reached a three-decade high in the first quarter of 2024. What's the current state of Japan's economy, and what is the key that will allow the central bank to raise interest rates again (18:25)?

APAC stocks were mixed after the weak performance on Wall St where hot ISM Manufacturing PMI saw markets trim Fed rate cut bets.European equity futures indicate a contained open with the Euro Stoxx 50 future little changed after the cash market closed flat on Thursday.DXY sits on a 105 handle, EUR/USD slipped below 1.08, USD/JPY extended upside and Cable gave back the 1.26 handle.Crude futures remained afloat after recently gaining on the back of US and Chinese PMI data and amid geopolitical tensions.Looking ahead, highlights include EZ and UK final Manufacturing PMI, German regional and national CPI, US Durable Goods, JOLTS Job Openings, ECB Survey of Consumer Expectations, Comments from Fed's Bowman, Williams, Mester & Daly, Supply from Germany.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

China's PMI for the manufacturing sector is back in expansion territory, coming in at 50.8 in March.

Singapore stocks opened weaker this morning, despite overnight gains in US and European markets.  In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,215.3 points after 40 million securities changed hands in the broader market.In terms of companies to watch today, Marco Polo Marine. The shipyard and marine logistics company yesterday said that its Taiwanese subsidiary, PKR Offshore, has secured the Asia-Pacific Crew Transfer Vessel framework agreement with wind-turbine manufacturer Siemens Gamesa.   Elsewhere, we'll also look at the latest data out of the US and how that has influenced the recent optimism surrounding the Federal Reserve's resolve to lower rates this year. On Market View, The Evening Runway's finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.See omnystudio.com/listener for privacy information.

APAC stocks were mostly subdued amid a deluge of earnings releases and key data releases at month-end.Alphabet (GOOG) slumped 5.8% after advertising revenue missed, while Microsoft (MSFT) fell by 0.3% after Q3 More Personal Computing was guided below forecasts. Hang Seng and Shanghai Comp underperformed following the latest Chinese PMI data in which Manufacturing PMI remained in contraction territory for a 4th consecutive month.DXY eked slight gains pre-FOMC, USD/JPY was choppy following some hawkish-leaning remarks from the BoJ's SoO. UK Chancellor Hunt has reportedly warned his cabinet that tax cuts in the Spring budget could be smaller than expected, according to The Times.Looking ahead, highlights include, French CPI & German CPI, German Retail Sales &Unemployment, US ADP, Employment Wages, Canadian GDP, Fed & BCB Policy Announcement, Fed Chair Powell's Press Conference, Supply from Germany, US Treasury Refunding Announcement. Earnings from Novo Nordisk, H&M, GSK, Novartis, Santander, Boeing, Boston Scientific, Thermo Fisher Scientific, Mastercard & Phillips 66.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Wall Street finished little changed overnight in a holiday-shortened trading day following the Thanksgiving break, with low volume and conviction as markets watch the beginning of seasonal shopping for signs of consumer resiliency. The Dow finished near session highs, up 117 points (+0.33%). Up 126 points at best. The S&P 500 finished flat, and the NASDAQ fell 0.11%. All three indexes notched their fourth consecutive weekly gains. The latest economic data in the US paints a mixed picture, with Manufacturing PMI contracting more than expected and Services rising at a faster pace than expected. US Treasury securities booked some losses, pressuring tech stocks, with Meta, Apple and Microsoft all lower. Among stocks, Nvidia fell 1.9% on delays in the launch of its new China-focused AI chip designed to comply with US export rules.ASX SPI Futures up 20 points.Base metals mixed. Copper +0.25%, Aluminium -0.16%, Zinc +0.45%, Lead -0.90%, and Tin 0.93%.Nickel (-2.38%) fell to a two-and-a-half-year low, falling below $16k/t during trade, coming under pressure from a looming market surplus and a build-up on short positions.Iron ore +0.28%. Iron ore Futures on the Singapore Exchange is up 10% this month on hopes that Beijing will kick start the property sector.Lithium fell 2.25%, hitting a 26-month low after a trial delivery of the metal to Guangzhou Futures indicated a larger-than-expected supply in the world's top producer of the metal.Why not sign up for a free trial? Get access to expert insights and research and become a better investor.Make life simple. Invest with Marcus Today.

Interview recorded - 30th of October, 2023On this episode of the WTFinance podcast I have the pleasure of welcoming Jeff Snider - One of the foremost experts on the global monetary system and Host of Eurodollar University.During this conversation we spoke about what Jeff is seeing in the economy, what this means for the bond markets, collateral issues, why the recession has not been cancelled but delayed and what is happening in China. I hope you enjoy!0:00 - Introduction1:11 - What is Jeff seeing in markets and the economy?4:13 - What is the short end doing that most aren't considering?5:48 - Supply and demand issue for long bonds?9:13 - What is the short end tell us?11:53 - Why collateral could lead to deflation?16:18 - Increasing yields reduced collateral pool?18:23 - What impact will BoJ policy changes have on collateral?20:53 - Is there the risk that the economy has shifted?24:03 - Manufacturing PMI increasing, Service PMI decreasing?25:48 - Weak employment data coming through?27:59 - What will happen to the economy in the next 6 months?29:53 - Could we have a financial crisis?32:48 - More regional bank risk?36:58 - Can China prevent an economic meltdown?41:02 - One message to takeaway from our conversation?Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.Jeff Snider - YouTube -  @eurodollaruniversity  Website - https://www.eurodollar.university/Twitter - https://twitter.com/JeffSnider_AIPWTFinance - Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Official data shows the purchasing managers' index for China's manufacturing sector came in at 50.2 in September, bouncing back to the expansion zone.

Speaker - Mislav Matejka, CFA, Head of Global Equity Strategy Divergences keep opening up between the resilient equity markets and softening dataflow. Manufacturing PMI recovery, that was the consensus call for months now, remains elusive, and there are signs of services weakening, as well. There is no regional convergence coming through, with Europe disappointing further, and China staying mixed. SX5E had gone nowhere for half a year now, and has lagged the US since May, coincident with our downgrade to UW, but the relative performance of SX5E vs bonds has opened up a big gap with IFO, worth 20%+. How will it close? Also, even as Cyclicals finally stalled somewhat in August, the gap with PMIs remains significant. In a sense, bad is so far still seen as good, but this could change if labour market and consumer dataflow starts disappointing. Bond yields look set to move lower in that scenario, which will keep supporting our OW Growth vs Value call that we had on this year, at least in relative terms, but the bond proxy sectors should be logically getting a bid, too. Cyclicals stalled in August, keep fading them, in particular Industrials and Autos. This podcast was recorded on 03 September 2023. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4502246-0  for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

In this episode of Market Minutes, Shailaja Mohapatra talks about investors' and analysts' expectations from Reliance Industries 46th annual general meeting. In the new trading week, the Street is also watching for Q1 GDP numbers and manufacturing PMI data. Catch Rohan Shah of Religare Broking in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.

A busy week on the economic data front with Germany's GFK consumer confidence data and retail sales figures on the calendar for the week ahead.China Caixin manufacturing PMI numbers and US non-farm payrolls will be among the biggest releases being monitored by investors.There will also be earnings reports from UBS and Salesforce, among others. IGTV's Angela Barnes has this overview of what traders can expect. Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter, Instagram, and YouTube 

APAC stocks headed into month-end mostly on the front foot as participants digested the latest support efforts from China and mixed PMI data.Chinese headline Manufacturing PMI slightly topped forecasts but remained in contraction territory and Non-Manufacturing PMI disappointed with the slowest pace of increase since December 2022.European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.5% after the cash market closed up by 0.4% on Friday.In FX, DXY is firmer, JPY lags across the majors, antipodeans lead, EUR/USD hovers just above the 1.10 mark. Looking ahead, highlights include German Retail Sales, ECB Survey of Monetary Analysts, EZ Flash CPI, US Chicago PMI.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Link to slide deck: https://bit.ly/3DtRVwN   - Today we wrap up last week's action and note that the market could be in for some consolidation after the recent blistering run higher, with key themes in focus, especially AI after NVDA posted an ugly week and Microsoft backed out all of its share gains from the Copilot AI story last week. It reports tomorrow, as does the luxury giant LVMH after luxury stocks posted an ugly week. Elsewhere, Germany's horrific initial July Manufacturing PMI print of 38.8 begs the question on why the ECB is even hiking this week. We can likely expect even more dovish shift from Lagarde and company as growth woes dominate the focus. A EURUSD reversal risk in in play this week if 1.1000 fails. This and more on today's pod, hosted by John J. Hardy. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic

APAC stocks began the new trading month on the front foot with momentum from last Friday's rally on Wall Street; European equity futures are indicative of a marginally higher open.DXY was contained ahead of the thinned conditions stateside where markets will close early owing to tomorrow's Independence Day celebrations.Chinese Caixin Manufacturing PMI topped forecasts for its second consecutive monthly expansion.US confirmed that Treasury Secretary Yellen will visit China on July 6th-9th for meetings with senior Chinese officials although a Treasury official already tempered expectations.Looking ahead, highlights include Swiss CPI, EZ/UK/US Final Manufacturing PMI, US ISM Manufacturing PMI.Holidays: Canada Observes Canada Day, US Early Closure ahead of Independence Day.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are firmer as sentiment improves after the US House vote & Chinese Caixin PMIStateside, futures are more contained as debt focus turns to the Senate and potential amendment votesDXY subdued after Wednesday's Fed remarks with attention turning to US data before Friday's NFPFlash EZ HICP spurred little sustained reaction, as it chimes with regionals; debt benchmarks dip after month-endCommodities are generally firmer given the Chinese data though crude has pared much of this sinceLooking ahead, highlights include US ISM Manufacturing PMI, Challenger Layoffs, ADP, IJC, Manufacturing PMI. ECB Minutes. Remarks from Fed's Harker & ECB's Enria.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

A lousy Manufacturing PMI reading out of China pulled the Hang Seng index officially into bear market territory, sent the yuan crashing through 7.10, and seemed to have set off a broader, risk-off market move that reverberated across asset classes globally.  But, did yet another piece of weak economic data from China really spook global markets - particularly the previously China-resilient DM equity indices such as Japan? After all, Asia equities ex-China have been leading the world higher for several weeks, ignoring one disappointing data release out of China after another. What (else) actually happened to stop the market momentum today?  Weston Nakamura points to technical market mechanics that are also behind the selling activity - namely, month-end portfolio rebalancing flows and activity on outperforming Japan and A.I. related equities as a primary culprit for the market reversal. Weston notes that without recognizing such market mechanics, we may be mistakenly attributing market behavior to China, when in reality, equity market price action may have very little to do with a weak data print out of China all along. -- Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm Follow Weston: https://twitter.com/acrossthespread Follow Blockworks: https://twitter.com/Blockworks_  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

European bourses are pressured on continuing Manufacturing PMI softness alongside hawkish pricing implicationsStateside, futures are essentially flat as we await further substantive debt ceiling updates and remarks from Fed's PowellBiden said he is optimistic on making debt ceiling progress; McCarthy described the meeting as a productive discussionDXY is underpinned and benefitting further from EUR & GBP weakness post-PMIs while the JPY bucks the trendCrude is attentive to key officials while metals are dented by the USD; Saudi Energy Minister said “I keep telling speculators they will be ouching” and they did in AprilFixed benchmarks are pressured on the hawkish PMI implications for the BoE & ECB; USTs directionally in-fittingLooking ahead, highlights include US PMIs (Flash), US Home-Sales. Speeches from Fed's Powell & Logan, ECB's Nagel, Villeroy & Enria. Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Coupon code: IPL (50% off on Regular Income with Growth - MF Only, Conservative Model Portfolio, All Seasons ETF Portfolio)00:00 Introduction01:50 crude oil output cut announced by OPEC+ 04:33 U.S. manufacturing activity in March slumped to its lowest level 05:51 Gold skyrockets to cross $2,000 mark as dollar06:51 RBI MPC meet07:50 World Bank cuts India's growth forecast08:39 India's FY23 corporate credit profile among strongest in a decade09:34 Automobile retail sales up 14% in March10:39 Goods exports hit $447 bn in FY2311:17 Windfall tax on domestic crude oil cut to nil12:05 Direct tax collection rose12:59 Manufacturing PMI at 3-month high13:31 Company results update15:45  Jio raise $2 bn foreign exchange loan16:35 Knowledge SectionComplete Fundamental Stock Analysis Tool - Stock-o-meter:https://investyadnya.in/stock-o-meterResearch Based Ready-made Model Portfolios:https://investyadnya.in/model-portfoliosComprehensive Mutual Fund Reviews:https://investyadnya.in/fund-o-meterYadnya Books and eBooks now available:On Amazon - https://amzn.to/2XKtlksOn our website - https://investyadnya.in/booksFind us on Social Media and stay connected:Blog - https://blog.investyadnya.inTelegram - http://t.me/InvestYadnyaFacebook Page - https://www.facebook.com/InvestYadnyaFacebook Group - https://goo.gl/y57QcrTwitter - https://www.twitter.com/InvestYadnyaLinkedIn - https://www.linkedin.com/company/investyadnya/#InvestYadnya #YIALEGAL DISCLAIMER: Use of this information is at the user's own risk. The Company and its directors, associates and employees will not be liable for any loss or liability incurred to the user due to investments made or decisions taken based on the information provided herein. The investment discussed or views expressed herein may not be suitable for all investors. The users should rely on their own research and analysis and should consult their investment advisors to determine the merit, risks and suitability of recommendation. Past performance is not a guarantee for future performance or future results. Information herein is believed to be reliable, although its accuracy and completeness cannot be guaranteed. The images used may be copyright of the company or third party.  As a condition to using the services, the user agrees to the terms of use of the website and the services. DISCLOSURES UNDER SEBI (RESEARCH ANALYST) REGULATIONS, 2014:Yadnya Academy Pvt. Ltd. (InvestYadnya) is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000008349.Disclosure with regard to ownership and material conflicts of interest1. Neither Research Analyst nor the entity nor his associates or relatives have any financial interest in the subject Company;2. Neither Research Analyst nor the entity nor its associates or relatives have actual / beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report or date of public appearance;3. Neither Research Analyst nor the entity nor its associates or his relatives have any other material conflict of interest at the time of publication of the research report or at the time of public appearance. Disclosure with regard to receipt of Compensation1. The Research Entity and its associates have not received compensation from the subject company in the past twelve months.2. The subject company is not or was not a client during the twelve months preceding the date of recommendation.

Economic activity in the manufacturing sector contracted in March for the fifth consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.The latest Manufacturing ISM Report has the Manufacturing PMI at 46.3%. Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee gives us an inside look at the report and insight into what the future may hold for the manufacturing industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Judo Bank's new Manufacturing PMI shows that an increase in activity in China could be the boost that Australian business is looking for.See omnystudio.com/listener for privacy information.

The latest Manufacturing ISM Report has the Manufacturing PMI at 47.7%. Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee gives us an inside look at the report and insight into what the future may hold for the manufacturing industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

A deadly train collision in Greece has left more than 30 people dead and many injured (00:58). Nigerian election officials have declared a winner in the country's presidential vote over the weekend (05:42). And China's manufacturing PMI has recorded strong gains in February (37:15).

The latest Manufacturing ISM Report has the Manufacturing PMI at 47.4%. As the PMI continues to tumble, Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee gives us an inside look at the report and insight into what the future may hold for the manufacturing industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Atenção do noticiário local em torno da eleição do senado. Consenso aponta para vitória de Pacheco com algo próximo a 50 votos, enquanto algumas matérias ainda alimentam expectativa de 'upset' de Marinho. Planalto intensificou ontem negociação de cargos no segundo e terceiro escalão para reforçar a base aliada no senado. Arthur Lira volta a defender prioridade da Reforma Tributária antes da discussão do novo arcabouçou fiscal. Manufacturing PMI da Zona do Euro tem leitura em linha com flash. UK Times indica possível acordo entre UK e UE sobre Irlanda do Norte, com Bruxelas cedendo tanto em termos de controles alfandegários, como em relação à resolução de disputas. Compras de títulos pelo BoJ em janeiro foram as maiores já registradas. Podcast Direto ao Ponto do Banco Modal com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, economista-chefe do Banco Modal.

China's manufacturing PMI is back in expansion territory in January as the index came in at 50.1 percent.

Futures opened last night about even give or take 20 points, and stayed that way until early morning when we began moving lower and then notably so pointing to a down -150 point open. We opened down about -170 points but were down north of -250 after the first 20 minutes of trading. Around 1145 EST we had slightly better than expected PMI data released and fully recovered the morning losses trading sideways with a small upwards bias the remainder of the trading day. We closed positive on the Dow but slightly negative on both the SP500 and Nasdaq. Dow: +104.41 (+.31%) S&P: -.07% Nasdaq: -.27% 10-Year Treasury Yield: 3.46%, down -5.6bps on the day Top-performing sector: Industrials up +.65% Bottom-performing sector: Communication Services -.69% WTI Crude Oil: $80.16/barrel, down -1.79% Key Economic Point of the Day: A flash read today on US Composite PMI data showed a slight improvement over December, although still handily in contraction territory and the slowest since last October at 46.6 from 45 the month prior. Manufacturing PMI was little changed at 46.8 up from 46.2 with Services PMI at 46.6 from 44.7. Could the data in the chart below pick back up above 50 into positive territory before we end up registering an official recession this year, of course, but that economic margin is about as thin as it gets right now. For what its worth, this PMI data point is what led to markets recovering after the mornings initial sell off and was a ‘less bad' read following December – not so bad that we fear recession is immanent, but cool enough to back the ‘Fed will pause soon' narrative. Interestingly enough, the flash PMI read today from the Eurozone actually showed it barely bump back into expansion territory from 49.3 last month to 50.2, although not sure I would call that robust. Links mentioned in this episode: [TheDCToday.com] https://bahnsen.co/3RbWe5R DividendCafe.com TheBahnsenGroup.com

The latest Manufacturing ISM Report has the Manufacturing PMI at 48.4%. As the PMI continues it's downward trajectory, Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee gives us an inside look at the report and insight into what the future may hold for the manufacturing industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Noticiário indica que texto de PEC que permita execução de RP9 este ano estaria "pacificado" entre governo eleito e congresso. Carlos Portinho manobra para atrasar votação da PEC. Fernando Haddad reforça que cargos do primeiro escalão não devem ser divulgados esta semana. Jair Bolsonaro suspende pagamento de RP9 por aproximação de base com governo eleito. CNBC aponta para possível nova liberação de petróleo da reserva estratégia dos EUA. Manufacturing PMI final da Zona do Euro tem leitura abaixo do esperado. Caixin PMI surpreende expectativas. China da novas indicações de mudança na Covid Zero. Podcast Direto ao Ponto do Banco Modal com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, economista-chefe do Banco Modal.

On this special live episode of Manufacturing Talk Radio hosts Lew and Tim welcome back Tim Fiore to discuss the latest report. The October Manufacturing PMI® registered 50.2%. While this represents a 0.7% dip since September's PMI of 50.9% we are technically still in expansion territory but inching ever closer to contraction. Listen in as Tim Fiore sheds light on the factors that contributed to this month's report including a drop in new orders and backlogs, increased raw materials inventories and an overall decrease in prices.  Every month Tim Fiore joins Manufacturing Talk Radio live the day the report is released (the first business day of the month) to give his unique perspective on the latest report. Subscribe to Manufacturing Talk Radio on your favorite podcast platform or YouTube and stay informed on the latest manufacturing news with new episodes every week. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. stocks ended the day higher, adding to last week's rally, which was the biggest advance since June.

Jornais destacam movimentos no Congresso Nacional. CSLL é elevada 1p.p. para instituições financeiras até o final do ano. Teto de Gastos pode virar permamente, mas estudo do Tesouro será divulgado somente após as eleições. Noticiário repercute detalhes da operação contra empresários bolsonaristas na semana passada. Inflação da Zona do Euro tem leitura acima do esperado tanto no headline como no subjacente. Manufacturing PMI da China permanece baixo de 50. Cidades de Shenzhen, Gungzhou e Dalian implementam novas restrições contra a COVID. Podcast Direto ao Ponto do Banco Modal com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, economista-chefe do Banco Modal.

Official data shows the purchasing managers' index for China's manufacturing sector came in at 50.2 in June, up from 49.6 in May.

U.S. Equities finished lower after very quiet session. Treasuries came under pressure with the curve flattening. Dollar gained, gold fractionally higher, Bitcoin futures down. Fed's Beige Book showing a deceleration in growth, consumer pushing back on higher prices. Shanghai lifted its lockdown. ISM Manufacturing better than expected, Manufacturing PMI slightly below consensus, and job openings with a slight slowdown. Salesforce rallied, while Digital Turbine dropped.

Estados apresentam proposta ao Senado para aumentar a taxação das empresas de petróleo e criar uma conta de compensação de eventuais perdas com a fixação de um teto de 17% para o ICMS. Governo federal busca os argumentos jurídicos para justificar a criação de um subsídio amplo para o óleo diesel. A Câmara dos Deputados aprovou a urgência de dois projetos apontados pelo presidente Arthur Lira (PP-AL) como ferramentas para amenizar reajustes na conta de luz e conter a escalada dos preços de combustíveis. Manufacturing PMI final de maio na Zona do Euro é revisto marginalmente para cima. Vendas no varejo decepcionam na Alemanha. Scholz defende volta de regras fiscais. Caixin Manufacturing PMI surpreende na China, mas permanece abaixo de 50. Podcast Direto ao Ponto do Banco Digital Modalmais com as principais notícias de Brasil e Internacional ao longo do overnight.

Jornais destacam demissão do presidente da Petrobras e movimentos do governo tanto sobre o Conselho de Administração da empresa, como sobre a política de preços. Relator do projeto do ICMS indica mudanças no texto para facilitar tramitação. Lula e Alckmin devem buscar interlocução com empresários e mercado financeiro. Services PMI decepciona no Reino Unido. Manufacturing PMI tem leitura acima do esperado na Alemanha. Securities Journal indica possível emissão de títulos publicos na China. Podcast Direto ao Ponto do Banco Digital Modalmais com as principais notícias de Brasil e Internacional ao longo do overnight.

Rodrigo Pacheco adia votação da PEC dos Precatórios para hoje. Este será o primeiro item da pauta. Senado avança em esforço para zerar fila de nomeações. Senador Roberto Rocha é designado relator da MP do Auxílio Brasil. Manufacturing PMI da Alemanha é revisto para baixo na leitura final. Caixin PMI fica abaixo de 50. FT relata dificuldade da Kaisa em renegociar dívida. Podcast Direto ao Ponto do Banco Digital Modalmais com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, estrategista modalmais.

Yesterday morning, Australian shares made an impressive rebound, rising 1.3% at its highest level of the session, however soon after started to decline and closed with a smaller gain of 0.2%. Selling began off the back of reports from the CEO of Moderna, who told the press yesterday that existing vaccines will struggle against the new omicron COVID-19 variant. This saw the US futures for last night decline and Aussie shares drop as well. By close of trade, communications services advanced the most, up 1.8%. This was followed by real estate and consumer staples. Meanwhile utilities declined the most, down 1.2%. Collins Foods (ASX:CKF) gained 12.6% off the back of reporting its half-year results. The KFC owner delivered a 9.5% increase in revenue to a record $534.2 million, and a 31.6% increase in underlying NPAT to $28.9 million. CKF also reported a fully ranked interim dividend up 14% to 12 cps. The worst performing stock of the day was St Barbara (ASX:SBM), and other gold miners such as Perseus Mining (ASX:PRU) and Regis Resources (ASX:RRL) also declined. In US equities, all three major benchmarks closed lower, after Federal Reserve chairman Jerome Powell said the central bank will discuss speeding up the bond-buying taper at its December meeting. The Dow dropped 650 points, the S&P 500 down 1.9% and the tech heavy Nasdaq down 1.6%. Taking direction from the broad sell off in New York, the ASX200 is set to open lower, with the SPI futures suggesting a drop of 0.5%. What to watch today:Economic data out today includes Manufacturing PMI for November, as well as third quarter GDP, which will be released at 11:30am AEDT. As US investors repositioned for a faster taper by the US Central Bank, oil, gold and iron ore all fell. The oil price is down 4.5%, trading at US$66 a barrel. The gold price is trading at just below US$1,775 an ounce as the dollar index and yields reversed early losses. And the seaborne iron ore price is now slightly higher at US$94 a tonne. Now around 20 stocks and ETFs are set to go ex-dividend today, which often sees shares fall. Some include Aristocrat Leisure (ASX:ALL), Incitec Pivot (ASX:IPL) and United Malt Group (ASX:UMG). Trading ideas:Ord Minnett retain their BUY rating on several gold mining stocks, advising three ways to play the gold market. Their first strategy recommendation is to buy a basket of liquid stocks with strong exposure to passive products, to mitigate risk. The second, is for the stock to have strong fundamentals and upcoming catalysts. And the third involves long term investments. Some of the gold miners Ord Minnett retained their buy rating on, include Alkane Resources (ASX:ALK) with a $1.50 price target, Gold Road Resources (ASX:GOR) with a $1.70 price target, and Aurelia Metals (ASX:AMI) with a $0.95 target. Bullish charting signals have been identified in Ioneer (ASX:INR) and 4D Medical (ASX:4AX), according to Trading Central. 

Yesterday, the ASX200 started the month of November with an advance of 0.6%, supported by a busy session of merger and acquisition activity. All sectors of the market gained ground, except for the Financials sector which fell 0.48%.In the US, the Dow, S&P500 & Nasdaq all closed at record highs to start the month of November. Stocks linked to the economic recovery performed well, including Ford, airlines, and retailers. While mega cap tech stocks underperformed. After a positive session on Wall Street, the futures as at 7:40am AEDT this morning are suggesting the Aussie share market will open 0.18% higher.What to watch today:In economic news, the Manufacturing PMI for October was released yesterday. The PMI in October was revised to 58.2, which marked the strongest expansion in factory activity in 4 months. As a reminder, given the reading came in above 50 points, that indicates an expansion of the manufacturing sector compared to the previous month. Today, the RBA, meets at 2:30pm AEDT to discuss the cash rate. While it's expected that central bank will keep rates on hold at the current historical low of 0.1%, it's also expected that the RBA will signal the end of quantitative easing, scrap its yield target framework, and could bring forward its rate hike guidance. Keep an eye on travel stocks today after international travel resumed yesterday in Australia for the first time in 600 days. Travel stocks posted solid gains yesterday. Qantas (ASX:QAN) was up 3% and Flight Centre (ASX:FLT) up 2%.Brickworks (ASX:BKW) goes ex-dividend today. Oil prices rose sharply on strong demand outlook, despite China fuel reserves releasing. And the gold price also rose as the dollar eased.Trading Ideas:Bell Potter has reiterated its BUY recommendation on iron ore company, Fortescue Metals (ASX:FMG), with a revised price target of $19.75. FMG is currently down nearly 39% YTD, and closed 2.9% higher yesterday to $14.33, which implies 37.8% share price growth. Bullish charting signals have been identified in AVZ Minerals (ASX:AVZ), Hazer Group (ASX:HZR) and Seek (ASX:SEK) and that's according to Trading Central.

Equities' trading may remain thin this week as investors eye a holiday-truncated week. Besides, the last leg of earnings, largely packed with mid and smallcap names, could also keep markets subdued at benchmark level. Last week, benchmark Sensex fell 2.4 per cent while the Nifty50 slipped 1.9 per cent. In the broader markets, the mid- and small-cap indices dropped 1 per cent each as foreign institutional investors sold their shares amid valuation concerns. Three global brokerages -- Morgan Stanley, Nomura, and UBS – have downgraded Indian markets citing rich valuations while Chris Wood of Jefferies has said the sharp rally has brought his “overweight” stance on India under threat. Given this, markets may try to stabilize this week and prepare for Muhurat Trading on the occasion of Diwali. A special, one-hour Muhurat Trading session will be organized on Thursday, November 4 while markets will remain shut on Friday, November 5 on the occasion of Diwali Balipratipada. Meanwhile, during the early part of the week, corporate earnings, IPOs, and economic data will keep investors busy. The last leg of September quarter results will see companies like Bharti Airtel, SBI, HDFC, IRCTC, Tata Motors and HPCL announcing their September quarter results this week.  Separately, on the economic front, investors will track Manufacturing PMI for October and IIP data for September due to be released later today. Additionally, auto firms will also begin announcing their monthly sales figures for October today onwards. The Services PMI for October, on the other hand, will be declared on Wednesday, Nov 3. In the primary market, initial share sale of Policybazaar.com will open today while Nykaa's IPO will enter last day and Fino Payment Bank's offer will enter its second day. Globally, investors will track the US Federal Reserve's 2-day monetary policy meeting, slated on November 2 nd and 3 rd , for cues on when the central bank plans to hike rates. News flow around Covid-19, oil and energy prices, rupee and dollar movement, and bond yields will be some of the other factors driving the markets.

On Friday, the ASX200 had its worst day in 4-weeks, ending the month slightly lower, falling 0.1% in October. All sectors closed in the red on Friday. Some of the best performers on Friday were GUD Holdings (ASX:GUD) up 6.9%. ResMed (ASX:RMD) also made gains. Its trading update saw revenue climb 20%. Unibail-Rodamco-Westfield (ASX:URW) declined the most despite its centres reopening. European markets closed mixed, while the US stock market finished at record highs. This was despite disappointing earnings reports from Amazon & Apple.Following US equities, the SPI futures are suggesting the ASX200 will rise 0.9% today. What to watch today: In economic news, on Friday the Producer Price Index was released. That's business inflation data, which rose 1.1% in September, which was more than expected. Economic data to look out for today includes the Manufacturing PMI for October. Forecasts expect PMI to be 57.3. PMI above 50 represents an expansion from the month prior. Home Loan data for September will also be released today at 10:30am AEDT.  More than 15 stocks and ETFs are set to go ex-dividend today. Keep in mind this often sees shares fall as investors take profits. The oil price is trading higher, above US$83, ahead of OPEC's meeting on Thursday, with expectations to maintain production cuts. Gold is trading lower as treasury yields are higher, and the dollar is lower. Coal is trading at its lowest levels since the end of September as China struggles with the energy crisis. And the seaborne iron ore price is trading lower at US$121. Trading ideas:Bell Potter maintain their BUY rating on copper production company Aeris Resources (ASX:AIS), on a 4% lower price target of $0.22. They lowered FY22 earnings forecast by 20%, on higher costs and lower production. AIS last closed at $0.16, implying 37.5% share price growth in a year. Bullish charting signals have been identified in Syrah Resources (AS:SYR), Incannex Healthcare (ASX:IHL) and Alpha HPA (ASX:A4N), according to Trading Central. 

Petrobrás crias programa de vale-gás. Câmara também vota novo programa de subsídio neste sentido. Votação do Marco Legal das Ferrovias é adiado. Manufacturing PMI da China fica abaixo de 50 pela primeira vez desde fev/2020. Caixin Manufacturing PMI tem leitura de 50. Congresso americano evitará shutdown. Podcast Direto ao Ponto do Banco Digital Modalmais com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, estrategista modalmais.

It was a positive day for Aussie shares yesterday with a broad rally in the final session of the quarter. The market rebounded with all 11 sectors closing higher.European stocks wrapped up September in negative territory, however the STOXX 600 closed slightly higher, up 0.2%. US equities dropped overnight, with the S&P500 wrapping up its worst month since March 2020. This was amid rising rates, inflation fears, COVID-19, and concerns of the Chinese property market.Today, following shares falling in New York, the SPI futures are suggesting the ASX200 will fall 1.6% at the open. What to watch today:In economic news, the Markit Manufacturing PMI for September will be released at 9am AEST. Forecasts expect it to rise from 52 to 57.3. Home Loan data for August will also be released today at 10:30am AEST. Over 60 stocks and ETFs are set to go ex-dividend today. This often sees shares fall and investors take their profits. The most traded stocks by Bell Direct clients yesterday included CSL (ASX:CSL), after falling almost 6% this week, but closing in the green yesterday. CSL is currently a Morgans BUY. Fortescue Metals (ASX:FMG) was another most traded stock, rising higher amid higher iron ore prices as Chinese steel mills stocked inventories before their national public holiday. However, Chinese iron ore demand remains constrained. And if you hold FMG, keep watch of it today – the company has suspended operations at its iron ore mine in Pilbara in WA, after an employee has tragically died in a ground collapse. FMG is currently a Bell Potter BUY.The oil price has risen almost 0.5%, trading just above US$75 a barrel. Gold is trading higher, while lithium has fallen heavily.  The coal price has surged to a record high of $212 per metric, amid tight supply in China as they aim for carbon neutrality and the seaborne iron ore price is trading slightly lower at US$119.65. Trading ideas:Bell Potter maintain their BUY rating on Coronado Global Resources (ASX:CRN), and have increased their price target from $1.20 to $1.40. Strong met coal prices and improving operational performance has flowed through to cash flow. CRN closed yesterday at $1.29, implying 8.5% share price growth in a year. Citi has upgraded JB Hi-Fi (ASX:JBH) to a BUY after positive share price performance. Citi pulled back its price target on JBH to $53 (previously $55), with an expected share price return of 19.9%.  Bullish charting signals have been identified in Resolute Mining (ASX:RSG), Orica (ASX:ORI) and Crown Resorts (ASX:CWN), according to Trading Central. 

The 30-pack BSE Sensex claimed the historic 60,000 mark last Friday and marched ahead to hit a record high level of 60,333. Its NSE counterpart, the Nifty50, also touched a new all-time high of 17,948. The BSE Sensex has climbed its last 10,000 points in just 246 days – and 5,000 of that in just 42 days. Going forward, while expensive valuations, a cautious global mood amid the Evergrande crisis, and a possibility of a third Covid wave may trigger mild profit booking in days ahead, most analysts remain optimistic. They suggest that a market correction, if any, should be bought into from a medium-to-long term perspective. On tech charts, the Sensex looks all set to add another 1,000 points in the next five sessions. According to Business Standard's Avdhut Bagkar: Markets trading with a strong bullish bias Sensex may hit 61,250 this week Support placed at 59,500 Nifty50 may claim 18,100; support at 17,750 Motilal Oswal Financial Services MD & CEO Motilal Oswal said, "The rally in domestic market is driven by positive global cues, strong inflows by FIIs/DIIs, good corporate earnings, falling Covid-19 cases, upbeat corporate commentaries and low cost of capital. Amid the buoyant sentiment and increased activity, market valuation has reached elevated levels and demands consistent delivery on earnings expectations. Given rich valuations, one cannot ignore intermittent volatility." Fundamentally, the first half of this week will be guided by global cues where investors will track developments around the Evergrande group, and the second half is expected to be driven by domestic triggers. On key triggers for markets this week, Religare Broking's Ajit Mishra said: Aditya Birla Sun Life AMC IPO opens on Wednesday, Sept 29 Monthly F&O expiry on Thursday, September 30 Auto sales data to come on Friday, October 1 Manufacturing PMI data coming on Friday, October 1 Paras Defence and Space Tech listing on Friday, October 1

Evergrande Group, China's second biggest property developer, managed to rack up staggering debts of more than $432 billion dollars, on the brink of collapse. However, at the very last minute managed to ink a deal to keep it afloat. News of this deal helped the iron ore price surge and Aussie materials stocks make steep gains, lifting the broader market by 0.32%. In the US, all three benchmarks closed in the green. This comes after the Fed announced it was not ready to remove stimulus yet. While no specific timeline was provided as to when it may begin moderating its purchases, in the Fed's post-meeting statement, they noted “if progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted.”Following a strong night of trade on Wall Street, the futures are suggesting the Aussie share market will open 0.19% higher this morning.What to watch today:In economic news, the Manufacturing PMI Flash data and the Services PMI Flash data will be released today at 9am AEST.Companies ex-dividend today include Eagers Automotive (ASX:APE), NRW Holdings (ASX:NWH), Cochlear (ASX:COH) and Genesis Energy (ASX:GNE).Suncorp Group (ASX:SUN) holds its AGM today and Brickworks (ASX:BKW) are set to report today.The most traded stocks by Bell Direct clients yesterday included Zip (ASX:Z1P). Its shares lifted 4.3% yesterday to $6.51 following investors responding positively to the company's strategic US$50 million investment in India-based BNPL operator ZestMoney. ZestMoney was founded in 2015 and is now one of the largest and fastest growing BNPL platforms in India. Another highly traded stock yesterday by Bell Direct clients was Fortescue Metals (ASX:FMG). Its shares lifted 4.2% yesterday, bouncing off 14-month lows following the news that China's embattled real estate developer Evergrande will meet its bond interest payments due today. The oil price climbed more than 2%, following a greater than expected drawdown of US supplies. The gold price fell after the Fed signalled a sooner than expected interest rate hike, while the palladium price lifted over 6%.  Trading ideas:Bell Potter has maintained its BUY recommendation on iron ore company Fortescue Metals Group (ASX:FMG), however have decreased its price target to $20.87 (previously $22.52). At its current share price value of $15.37, this implies about 36% share price growth.Bullish charting signals have been identified in De Grey Mining (ASX:DEG), Aussie Broadband (ASX:ABB) & REA Group (ASX:REA), according to Trading Central.

Indian equities are in a solid uptrend amid resumption of FII buying, watered down Fed taper tantrum concerns, and a pick up in the vaccination drive. On Thursday, the S&P BSE Sensex added 514 points, or 0.9 per cent, to end at 57,852.5 while the Nifty50 ended above the 17,200 for the first time at 17,234, up 158 points or 0.92 per cent. Even in the broader markets, the BSE MidCap index advanced 0.9 per cent while the BSE SmallCap added 0.8 per cent. However, a consistent rise in the coronavirus cases and fear of a third Covid wave is driving investors towards defensive bets. India reported over 49,000 new cases of Covid-19 in the last 24 hours, marking a 12 per cent rise in daily infections. This was also the biggest single-day rise in two months. Reflecting the sentiment, the Nifty FMCG index and the IT index have risen 9.5 per cent and 7 per cent, respectively over the past one month, relative to a 7 per cent rise in the Nifty50 index. Even on Thursday, both these indices gained 1.5 per cent each, outperforming all other sectoral and benchmark indices. Given this, volatility, along with sector rotation, could be on cards over the next couple of sessions even as the overall trend remains positive. Now, going into trade on Friday, investors will track stock-specific news, macroeconomic data, updates on Covid-19, and global trends. All eyes would be on the Services PMI data of August, slated to be announced later in the day, after recently released Manufacturing PMI data showed a blip in the factory output. In the primary, the three-day IPOs of Vijaya Diagnostics and Ami Organics will close today.  So far, the public issue of Ami Organics has been subscribed nearly 4 times while that of Vijaya has been subscribed around 50 per cent. Globally, the US non-farm payroll data and Euro zone's retail sales data for July will be the key data points to be tracked.

China’s Manufacturing PMI figures for August hint that economic growth might be slowing down on the Mainland. We ask Carlos Casanova, Senior Economist at UBP, why. Image credit: Shutterstock.com

Dalal Street investors are advised to exercise caution on Wednesday as the astounding rally clocked yesterday could face hiccups in sessions ahead. Bouts of volatility could be on cards as phase-IV of Sebi's peak margin norms kick in today. As per the rules, intra-day traders will have to pay 100 per cent upfront margin instead of 75 per cent asked previously. Besides, traders taking intra-day positions will be the most impacted since in the earlier system margins were calculated on end-of-the-day basis. Now, margin requirements will be calculated four times every session bringing even intraday positions under the ambit. Given this, while some analysts expect trading volumes to take a hit over the next few days, they expect normalcy to return soon as the first three legs of this rule are already in place. First leg of this peak margin rule was implemented in December 2020 with a 25 per cent upfront margin money payment rule. Later on it was increased to 50 per cent and 75 per cent in the next two legs of this peak margin rule. So, traders and brokers, they say, are well prepared. Business Standard spoke to Deven Choksey, managing director at KR Choksey Investment Managers to understand the implications of the move. Listen in Clearly, while sustenance of the market rally could be challenging from here, a host of other factors may keep traders on the edge on Wednesday. Markets will first react to the GDP growth data for the June quarter of FY22, followed by assessment of Manufacturing PMI data for the month of August, slated to be released later today. That apart, auto stocks will also be in focus today as the automobile companies are set to report their August sales figures. Further, in the primary market, two public issues -- Vijaya Diagnostic and Ami Organics will open for subscription. Analysts have neutral to avoid ratings on Rs 1,895 crore IPO by Vijaya Diagnostics as they believe the issue seems to be fully priced at Rs 531 per share. Meanwhile, they are mixed on Ami Organics, with ratings ranging from Neutral to Subscribe. The company looks to raise Rs 570 crore. Lastly, stock-specific news flow, oil price moves amid Opec+ meet and global markets will also sway market sentiments. On Tuesday, the S&P BSE Sensex ended above the 57,000-mark for the first time, at 57,552, as it zoomed 663 points on the BSE. The Nifty50, meanwhile, settled above 17,100 level on the back of 199 points' gain.

In the action packed week, markets would be driven by the ongoing earnings season, RBI policy meet and macroeconomic data. Besides, global cues and pace of vaccination will also guide the local equities.  The domestic benchmark indices had declined in the four of last five sessions and ended the week over 0.50 per cent lower amid global market rout. The key event this week is the RBI policy meet outcome and Governor Shaktikanta Das' commentary. Expectation is that the RBI too, just like the Fed, will not hamper the repo rates so as to continue supporting impacted sectors with cheaper credit. Meanwhile, Governor's comments on inflation will throw some light on the our economy and any future actions the central bank might take. Ahead of the poilcy outcome, macroeconomic data will shed some light on the health of the economy. The Manufacturing PMI is slated to be out on August 2 and Markit Services & Composite PMI numbers for July are scheduled on August 4. Auto sales numbers along with the result season will continue to drive stock specific movements on D-Street. Prominent names like HDFC, Bharti Airtel, State Bank of India, Titan Company, Dabur, M&M, Cipla, GAIL India, Adani Ports, Hindalco Industries, Punjab National Bank, Bank of Baroda, HPCL, Tata Consumer Products and Divis Labs poised to post their quarterly earnings this week.  The action in the primary market will also remain hot as four IPOs are slated to open on August 4, leaving investors spoilt for choice.  These companies together look to raise a little over Rs 3,600 crore. At Rs 1,838 crore, KFC and Pizza Hut operator Devyani International is the largest IPO amongst them. Krsnaa Diagnostics is planning to raise Rs 1,213.33 crore while Windlas Biotech Rs 401.54 and Exxaro Tiles Rs 161 crore.  The shares of Glenmark Life Sciences will debut on bourses on August 6. The IPO was subscribed over 44 times last week and the shares are currently trading at a premium of 18-21 per cent in the grey market.  Lastly, FII flow, rupee's trajectory and oil price movement can also sway market sentiments.  And now, let's take a look at the trade setup for today. Asian stocks and US equity futures rose as some of the concerns over Covid-19 reopening disruption and China's regulatory crackdown eased.  Japan's Topix index rose 1.5 per cent, Australia's S&P/ASX 200 Index rose 0.1 per cent and South Korea's Kospi index gained 0.3 per cent. Meanwhile, S&P 500 contracts rose 0.4 per cent and Nasdaq futures added 0.3 per cent.  Amid this backdrop, Indian equities looked poised for a firm start to the day. SGX Nifty traded 91 points higher at 15,865 around 7.35 am.  In stock-specific moves, shares of Adani Enterprises will be in focus as the company has incorporated Adani Petrochemicals as a wholly-owned subsidiary to carry on business of setting up refineries, petrochemicals complexes and specialty chemicals units. IDFC First Bank reported a net loss of Rs 630 crore in the April-June quarter due to provisioning measures for cushioning the impact of the second wave of the Covid-19 pandemic. The bank had posted a net profit of Rs 93.55 crore in the year-ago quarter ended in June 2020. NTPC posted a nearly 17 per cent rise in consolidated net profit to Rs 3,443.72 crore for the April-June quarter on the back of higher revenues. The consolidated net profit of the company in the quarter ended on June 30, 2020, was Rs 2,948.94 crore. Britannia Industries reported a 29 per cent decline in consolidated net profit at Rs 387 crore for the quarter ended June 30 compared with Rs 543 crore for the April-June period of previous fiscal. Torrent Power has inked an agreement with Lightsource India Ltd and Lightsource Renewable Energy (India) Ltd for acquisition of a 50 MW solar plant. The enterprise value for the deal is around Rs 317 crore

通勤族日常大募集：https://forms.gle/ob6SDgWVCcdUerkC7 大家早安！祝大家週末愉快！ 今天提到財報公司 週一 IBM, J.B Hunt, AutoNation, Cal-Maine Foods, Tractor Supply 週二Travelers, Netflix, United Airlines, UBS, Chipotle, Halliburton, Canadian National Railway, Intuitive Surgical, ManpowerGroup, Housing starts 週三Johnson & Johnson, Coca-Cola, Verizon, CSX, Whirlpool, Texas Instruments 週四Intel, AT&T, Blackstone, Twitter, Snap, American Airlines, Initial Jobless Claims, Existing Home Sales 週五Honeywell, American Express, Manufacturing PMI採購經理人指數, Services PMI

A volatile session on the bourses culminated near flat line on Tuesday as investors preferred to book profits after seven straight sessions of gains. That apart, a cut in GDP growth forecast by global agency Moody's and a downtick in manufacturing activity kept market participants on the sidelines. Earlier today, Moody's said it expects the damage to the economy from the second wave of Covid-19 and the ensuing lockdowns to be restricted to the April-June 2021 quarter. Taking the slowdown into account, it now expects India's GDP in the fiscal year ending March 2022 to grow at 9.3 per cent and at 7.9 per cent in FY23.   Moreover, data released by IHS Markit showed that domestic factory orders and production slowed to a 10-month low in May as most states restricted businesses amid localised lockdowns. The Manufacturing PMI slipped to 50.8 in May against 55.5 in April, making it one of the steepest falls. Add to it, volumes remained thin as the 75 per cent peak margins norms come into effect from today. Against this backdrop, the benchmark S&P BSE Sensex settled at 51,934 levels, down 2.5 points. The NSE's Nifty50, on the other hand, ended at 15,575 levels, down 8 points or 0.05 per cent. Earlier in the day, the 50-share index hit a fresh record peak of 15,660.75. ONGC, Adani Ports, Bajaj Finance, SBI, Bajaj Auto, HUL, Tech M, and HDFC were the top gainers on the index today, up between 1 per cent and 4 per cent while JSW Steel, Tata Steel, ICICI Bank, Grasim, UltraTech Cement, SBI Life, Hero MotoCorp, and Infosys were the top laggards, down up to 2.3 per cent. Participation in the broader market space also remained muted on Tuesday. The S&P BSE MidCap closed 0.01 per cent higher while the SmallCap index slipped 0.3 per cent. Sectorally, barring the Nifty Media, Pharma, and IT indices, all other indices settled the day in the red. The Nifty Private Bank index was the top loser, down 1 per cent, while the Nifty IT index gained 0.11 per cent. Global markets   European stocks hit fresh record highs on Tuesday, as strong metal and oil prices boosted shares of big commodity companies, while data showed euro zone manufacturing activity expanded at a record pace of 63.1 levels in May. The pan-European STOXX 600 index gained 0.9 per cent in the first trading session of June, with the UK's blue-chip index rising 1.1 per cent. The German DAX jumped 1.3 per cent to a new record high, while France's CAC 40 added 0.7 per cent. That apart, MSCI's index of EM stocks rose 0.7 per cent, while those in Turkey, South Africa and Russia gained between 0.2 per cent and 1.3 per cent. In Asia, Japan's Nikkei slipped 0.2 per cent, South Korea's Kospi gained 0.5 per cent, China's Shanghai Composite added 0.26 per cent, and Australia's ASX200 fell 0.3 per cent. In the commodities market, Brent Crude futures advanced over 2 per cent on Tuesday, nearing $71 per barrel-mark, ahead of the OPEC+ meeting scheduled later in the day. Top developments and buzzing stocks of the day: >> Shares of State Bank of India (SBI) hit a new record high of Rs 435 on the BSE, after they rallied 2.5 per cent in Tuesday's intra-day trade, surpassing its previous high of Rs 433.60 hit on May 28, 2021. The stock of the state-owned lender has outperformed the market in the past one month by surging 21 per cent after it reported another strong quarterly performance in the March quarter (Q4FY21). In comparison, the S&P BSE Sensex was up 6.7 per cent during the period. Amid a sharp rally in the market price of the bank's stock, its market capitalisation is now just 4 per cent away from the momentous Rs 4-trillion mark. >> Shares of Adani Enterprises hit a fresh record high of Rs 1,430 apiece on the BSE after they rallied 8.6 per cent in Tuesday's intra-day session. It surpassed its previous record high of Rs 1,350.5 touched on May 19, 2021. On the back of a 14 per cent rally in the past month, t

Relatório da reforma tributária deve contemplar unificação de impostos em fases. Surge novamente pressão por extensão do Auxílio Emergencial caso não se alcance ampliação do Bolsa Família. Manufacturing PMI final do Reino Unido surpreende. RBA mantém juros inalterados e indica decisão sobre vértice de comrpa de títulos na reunião de julho. Podcast Direto ao Ponto do Banco Digital Modalmais com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, estrategista modalmais.

After two consecutive weeks of decline, markets witnessed a strong rebound and gained over two per cent, in the holiday-shortened week. This week, the markets are likely to focus on the RBI policy meet outcome, macroeconomic data and development on the Covid front. Global cues are also expected to guide market trajectory. That apart, analysts believe, the markets may see some consolidation ahead of the earnings season which would start from mid-April. First and foremost, markets could react to the fast-rising Covid cases in the country and especially in Maharashtra, following which the state government there, on Sunday, announced weekend lockdowns and night curfew to control the spread of the virus. India for the first time since the Covid breakout last year recorded over 1 lakh cases on Sunday. On the back of fast-rising cases in the country, the investor focus will be on the RBI policy meet outcome slated for April 7. Expectations are ripe that the RBI will hold rates and keep stance accommodative, however, commentary on inflation and economic growth outlook will be key. Moreover, on the macroeconomic front, investors would keep an eye on the Manufacturing PMI data for March that will be released later today, while Markit Composite and Services PMI for March will be announced on Wednesday. Besides, oil price movement, FII flows and rupee trajectory will also influence the market direction. Lastly, on the primary market front, an initial public offer (IPO) by Macrotech Developers (formerly known as Lodha Developers) will open for subscription between April 7-9 while the shares of Barbeque Nation Hospitality are expected to list on April 7. And now, let's take a look at the trade setup for today. Defying a positive global market sentiment, the domestic markets looked set to start the week on a subdued note, spooked by fast-rising Covid cases in the country. SGX Nifty futures traded 0.50 per cent lower at 14,918 around 7.40 am today. On the global front, Asia stocks and US futures climbed Monday as investors weighed an unexpectedly strong U.S. jobs report and the sustainability of the latest selloff in bonds. Japan's Nikkei rose 0.8% while MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat. Australian and Chinese markets were closed. On the stock-specific front, shares of Tata Motors will be in focus after the company said it has completed the sale of its Defence business to Tata Advanced Systems for an upfront consideration of Rs 227.7 crore. Britannia Industries declared an interim dividend of Rs 62 per share and the record date for the same has been fixed as April 10, 2021. Jaiprakash Power Ventures, in line with its endeavour to reduce its debt, has pre-paid its loans amounting to Rs 299.51 crore. V-Mart Retail has opened six new stores - four in Uttar Pradesh, one in Bihar and one in Rajasthan. National Fertilisers reported the highest ever total fertiliser sale of 59.36 lakh MT in FY21. Other than fertilisers, the company also saw steep growth in the sale of seeds and agrochemicals.

UK Finance Minister Rishi Sunak will be in the global stoplight as he will deliver his second annual budget for the British economy. While the Chancellor of the Exchequer has already signalled readiness to do “whatever it takes”, traders would seek clues as to how the present freebies will be curtailed in the future to determine immediate GBP/USD moves. GBP could edge below last week's low at 1.3890. In view of the lacklustre momentum, any further decline is unlikely to threaten the major support at 1.3850. The rebound has scope to extend but any further advance is likely limited to a test of 1.3995. The next resistance at 1.4035 is unlikely to come into the picture. Support is at 1.3925 followed by 1.3890. EUR/USD has been recovering amid temporary market calm. But, expected strong US figures, stimulus progress and America's vaccine ramp-up are set to boost the greenback, Economists expect the ISM Services Purchasing Managers' Index to print 58.7 points in February – prolonged growth in America's largest sector. The Manufacturing PMI smashed estimates earlier in the week with 60.8. ADP's employment figures are forecast to show an increase of 177,000 private-sector jobs. While the old continent is struggling to get people to take the AstraZeneca jab, the US is ramping up the rollout and also production. Merck agreed to produce Johnson and Johnson's single-shot inoculations and President Joe Biden stated that every American could be offered a vaccine by the end of May. Euro/dollar continues suffering from downside momentum on the 4-hour chart and trades below the 50, 100 and 200 Simple Moving Averages – which are all converging around the 1.2110 level. The dollar index slipped to 90.971 after dropping back from a nearly one-month high overnight.

Seguem as tratativas em torno da PEC Emergencial, com possitibilidade de retiratada de mais medidas como o corte nos repasses do FAT para o BNDES. Indicadores da pandemia seguem em trajetória de deterioração. Manufacturing PMI do Reino Unido e da Zona do Euro surpreendem, enquanto Caixin PMI decepciona na China. RBA aumenta as comrpas de títulos. Podcast Direto ao Ponto do Banco Digital Modalmais com as principais notícias de Brasil e Internacional ao longo do overnight. Por Felipe Sichel, estrategista modalmais.

In today's show, you will learn what drove bond prices lower and Treasury yields higher today, if bond prices are likely to head lower or higher, if the contraction in residential real estate suggests higher or lower interest rates are coming, how overvalued the market is, what the recent economic data indicates about the global economy, what the ISM Manufacturing PMI says about inflation, the dollar, and stock prices, how speculators are positioned in the Treasury bond futures market, and what a blue wave means to bond prices and the dollar. #BondBullish #DollarBullish #KingdomUnderSiege Have a question for the show? From time to time I answer your questions. E-mail Steve or, send him a message on Facebook, LinkedIn or Twitter. http://stevenvanmetre.com/about/contact/ https://www.facebook.com/svmfin/ https://www.linkedin.com/in/steven-van-metre-b4a08b182/ https://twitter.com/MetreSteven https://stevenvanmetre.com/portfolio-shield/ Watermark Artwork by Jasmine Miller Twitter: @jazcreative The content of this video is provided as educational information only and is not intended to provide investment or other advice. This material is not to be construed as a recommendation or solicitation to buy or sell any security, financial product, instrument, or to participate in any particular trading strategy. This video was prepared by Steven Van Metre in my own personal capacity. The opinions expressed in this video are my own and do not reflect the view of Atlas Financial Advisors, Inc. or Steven Van Metre Financial.

US Markets less volatile as jobless claims come in right at estimates. 4.4m vs. 4.3m est. Crude rebounds +20% for the day. Manufacturing PMI due at 9:45 AM may move the markets significantly. We are looking for estimates around 38.0. Thanks for listening!

ETM Anlaytics head, Jana Van Deventer on release of the September manufacturing PMI as well as vehicle sales data for last month, Department of Energy announces fuel price will increase by 29c/l om Wednesday, October 4th and what is driving the current ZAR weakness?

MTN seeks to raise billions through IPO, Manufacturing PMI Declines to 42.1% in August from 44.1% in July 2016 - CBN, Power companies to clear future debts with corporate bonds- Trekker, Kenya, Rwanda sign free trade pact with Europe, Global currency trading shows first contraction since 2001, says BIS, Manufacturing PMI shocks with a sharp fall into contraction territory, MARKET WRAP: JSE closes weaker as retailers lose ground, NSE-ASI records 3-day gain, hits above 28,000bpts as bellwethers end bullish, Oil and gas production schedules for East Africa --- Send in a voice message: https://anchor.fm/africabusinessnews/message Support this podcast: https://anchor.fm/africabusinessnews/support

Market Analyst from 27Four Investment Managers Nadir Thokan looks at China's manufacturing PMI which slipped, commodity prices drop and what does the recent dollar weakness mean

Market Analyst at 27 Four Investments Nadir Thokan looks at the Global manufacturing PMI data coming out today and AMCU's rejection of the latest wage offer in the gold sector.