Business activity in the US manufacturing sector continued to contract in January, albeit at a softer pace than December, with the ISM Manufacturing PMI rising to 49.1 from 47.1.
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ISM manufacturing rises to 49.1, nears expansion threshold, with rising prices and stronger orders
<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>US manufacturing sec
ISM Shows Contraction in U.S. Manufacturing Sector Slowed in January
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US initial jobless claims rises to 224k, abv exp 211k
<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>US initial jobless claims rose 9k to 224k in the we
Will RBA Drop Its Tightening Bias?
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AUDCAD Examines Potential Pivot Point
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BoE’s Three-Way Split Vote Muddles Sterling’s Path, Yen Strength Continues
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FBS Analysts Predict Bitcoin Downturn Amidst Anticipation of 2024 Federal Reserve Rate Cut
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February seasonals: The worst month of the year for the Nasdaq
<p>There is bad news on the seasonal front as we enter February, it's the second-worst month for the S&P 500 over the past 100 years and the third-worst since the millennium. For the Nasdaq, it's the worst month since 2000. However there is strong evidence behind that adage of 'as goes January, so goes the […]
Banking worries are back and bonds are bid
<p>It was around this time last year that US banking worries began to percolate. That ultimately catalyzed into something of a crisis in March as several banks were wiped out including Silicon Valley Bank, First Republic Bank, Silvergate Bank and Signature Bank. </p><p>Others teetered as well and remain badly damaged.</p><