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Tag: Drops
ISM Manufacturing PMI Drops To 46.5, Missing Analyst Expectations
The Institute for Supply Management noted: “Demand remains subdued as businesses remain reluctant to invest in capital and inventories due…
US Dollar Index Analysis: Gold Drops $50 as Jobs Report and Fed Rate Cut Uncertainty Loom
The dollar's decline surprisingly impacted bearish reactions in the commodity market, particularly gold and silver, as markets prepared for a…
Composite PMI Drops To 54.4, Exceeding Analyst Expectations
The services PMI fell from 55.7 to 55.4, largely in line with the analyst consensus of 55.3. The composite PMI…