- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Slowdown spreads to U.S. services – ABN AMRO
Slowdown spreads to U.S. services – ABN AMRO
Bill Diviney, the senior economist at ABN AMRO, notes that the U.S. ISM Nonmanufacturing Index (NMI) declined to a three-year low of 52.6 in September, down from 56.4 in August, and well below ABN AMRO’s (54.5) and consensus (55.0) estimates.
- “The fall was fairly broad-based among sub-indices, but particularly concerning was the drop in Employment (to 50.4 from 53.1) and New Orders (to 53.7 from 60.3) indices, which suggests weak confidence in the manufacturing sector – linked to the trade war – is spreading to the services sector.
- While the relationship between the NMI and services activity (observed for instance in private consumption growth) is not as strong as the relationship between the manufacturing PMI’s new orders index and business investment, directionally it does suggest a slowdown in services is on the horizon.
- This is consistent with our view that the weakness in manufacturing will ultimately drive a broader slowdown – via slower job growth, and in turn consumption. Markets have reacted accordingly, with OIS forwards moving closer to our expectation of two more Fed rate cuts this year; an October cut is now 88% priced (previously 80%), and an additional December now 72% priced (previously 60%).”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
