Daily Update - 23rd September 2019 – 27th September 2019
The PMI monthly Composite Reports on Manufacturing and Services released by Market Economics are based on a large number of business executives in private sector manufacturing and services companies. It is expected to be same as previous. The PMI monthly Composite Reports on Manufacturing and Services, released by Market Economics, are based on a large number of business executives in private sector manufacturing and services companies. This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. The Nondefense Capital Goods Orders Excluding Aircraft, released by the US Census Bureau, measures the cost of orders received by manufacturers for capital goods (capital goods are durable goods used in the production of goods or services). It is expected to be higher.Monday
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