Feb 04, 2014 at 16:13 | Source: CNBC-TV18
In an interview to CNBC-TV18's Sumaira Abidi and Nigel D'Souza, Sarah Hewin, senior economist, Standard Chartered said though the recent ISM data was a big shock to the markets, it does not signal a real slowdown in the US economy.
Feb 04, 2014 at 13:47 | Source: CNBC
Both the blue-chip Dow Jones Industrial Average and Nikkei have this week dropped below their 200-day moving averages for the first time since 2012, a major bearish signal from a technical perspective.
Nov 07, 2013 at 09:07 | Source: Moneycontrol.com
According to Ashutosh Raina of HDFC Bank, re-emergence of US Fed tapering expectations after a better than expected US ISM Manufacturing data pushed the US yields higher and the dollar strengthened against major as well as emerging market currencies.
Nov 02, 2013 at 06:44 | Source: Reuters
Factory activity expanded around the world, several business surveys showed, with Chinese manufacturers reporting the fastest upturn in 18 months. The Institute for Supply Management (ISM) said on Friday its index of US factory activity rose to 56.4 in October, its best reading since April 2011.
Sep 06, 2013 at 10:55 | Source: CNBC-TV18
According to M Cary Leahey, the Federal Reserve is likely to pullback monetary stimulus as long as the US jobs data improves.
Jul 02, 2013 at 16:00 | Source: CNBC-TV18
Markets are factoring in relatively weak non-farm payrolls number, at around 155000. But there may be a fall in unemployment rate moving down to 7.5 percent compared with 7.6 percent
Jul 02, 2013 at 09:35 | Source: Reuters
Wall street kicked off the new quarter with good gains on the back of positive ISM factory index data and better expectations out of the US jobs market data this week.
Jul 02, 2013 at 09:25 | Source: CNBC-TV18
Positive ISM index and hopes of a better jobs data will keep the market positive for the week, said John Bollinger of Bollinger Capital Management. He told CNBC-TV18 that the market will be expected to continue its rally and end up higher.
Apr 04, 2013 at 08:38 | Source: Moneycontrol.com
On Wednesday the US markets corrected on poor economic data. The ISM services index slipped to 54.4 versus 56 in February, however, private sector added 158,000 jobs in the month of March.
Apr 02, 2013 at 08:18 | Source: Moneycontrol.com
In the US markets, S&P 500 ended lower on first day of this quarter. The Dow Jones Industrial Average dragged lower by Intel and Alcoa.