Morning Market Updates – Greenback Looks Positive

Asian Markets

Japan’s Tankan Non – Manufacturing Outlook was registered at 18 and went down below expectations with a value of 20 in the second quarter. Japan’s Tankan Large Manufacturing Outlook was registered at 15 and went above expectations with a value of 14 in the second quarter. Japan’s Tankan Large Manufacturing Index went above forecasts with a value of 15 in the second quarter when compared to the Actual value of 17.  Japan’s Tankan Non – Manufacturing Index met the forecasts with a value of 23 in the second quarter.

Japan’s Tankan Large All Industry Capex was registered at 8% and went above expectations with a value of 7.4% in the second quarter. Japan’s Nikkei Manufacturing PMI came in at 52.4 (June) versus the previous value of 52.

Australia’s AiG Performance of Mfg Index came in at 55 versus 54.8. Australian TD Securities Inflation (MoM) rose from a previous value of 0% to 0.1% and Australian TD Securities Inflation (YoY) dropped down to 2.3% from a previous value of 2.8%. Australian Building Permits (MoM) came in at -5.6% and went down below expectations with a value of -2%. Australian Building Permits (YoY) came in at -19.7% versus a previous value of -17.2% and Australian ANZ Job Advertisements climbed up from a previous value of 0.4% to 2.7%.

Other Markets

Moving on for the day, we have Sweden’s Purchasing Managers Index which is steadily growing but has seen some fall with the recent releases. Traders should pay attention to the results in the day. Poland awaits the Purchasing Managers Index which holds the area above 50 and late in the day, we have Poland’s Markit Manufacturing PMI.

Spanish Unemployment Change was seen at a negative 111.9K when compared to the previous value and we look forward to some improvements in the Unemployment rates. Italy has some major news in the day with the Markit Manufacturing PMI data release. Euro’s Markit Manufacturing PMI seems to maintain the previous value of 57.3.

Greece’s Markit Manufacturing PMI showed a considerable growth with the recent releases and we look forward to further improvements in the day. Greenback starts off with the Markit Manufacturing PMI and Construction Spending showing some improvements with 0.3% against a previous negative of 1.4%. The ISM Manufacturing PMI is forecasted to be at 55 and this should boost their economic growth.
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