Sunday , February 23 2025
Home / SNB & CHF / FX Daily, September 01: A Couple of Surprises to Start the New Month

FX Daily, September 01: A Couple of Surprises to Start the New Month

Summary:
[unable to retrieve full-text content]The new month has begun with a couple of surprises. The biggest surprise has been the record jump in the UK manufacturing PMI to 53.3 from 48.3. A much smaller rebound was expected in August after the Brexit shock drop in July.

Topics:
Marc Chandler considers the following as important: , , , , , , , , , , , , , , , ,

This could be interesting, too:

Marc Chandler writes US Dollar is Offered and China’s Politburo Promises more Monetary and Fiscal Support

Marc Chandler writes Busy Wednesday: French Confidence Vote, Fed’s Powell Speaks, ADP Jobs Estimate, and Beige Book

Marc Chandler writes US-China Exchange Export Restrictions, Yuan is Sold to New Lows for the Year, while the Greenback Extends Waller’s Inspired Losses

Marc Chandler writes French Government on Precipice, Presses Euro Lower

[unable to retrieve full-text content]
The new month has begun with a couple of surprises. The biggest surprise has been the record jump in the UK manufacturing PMI to 53.3 from 48.3. A much smaller rebound was expected in August after the Brexit shock drop in July.
Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *