🔮 🔮
🌍 Market-Moving News 🌍:
🇨🇳📉 China's Manufacturing Activity Contracts 📉: China's official Manufacturing Purchasing Managers' Index (PMI) fell to 49.9 in February, down from 50.1 in January, indicating a contraction in manufacturing activity for the second consecutive month. This downturn raises concerns about global economic growth and could impact markets worldwide.
📊 Key Data Releases 📊:
📅 Wednesday, March 5:
📄 ADP National Employment Report (8:15 AM ET) 📄:
Forecast: +160K jobs
Previous: +183K jobs
This report provides a monthly snapshot of private-sector employment, offering insights into labor market trends ahead of the official government employment data.
🏢 ISM Services PMI (10:00 AM ET) 🏢:
Forecast: 53.0
Previous: 52.8
This index assesses the performance of the U.S. services sector. A reading above 50 indicates expansion, while below 50 signifies contraction.
🏭 Factory Orders (10:00 AM ET) 🏭:
Forecast: -0.5%
Previous: +1.2%
This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
🌍 Market-Moving News 🌍:
🇨🇳📉 China's Manufacturing Activity Contracts 📉: China's official Manufacturing Purchasing Managers' Index (PMI) fell to 49.9 in February, down from 50.1 in January, indicating a contraction in manufacturing activity for the second consecutive month. This downturn raises concerns about global economic growth and could impact markets worldwide.
📊 Key Data Releases 📊:
📅 Wednesday, March 5:
📄 ADP National Employment Report (8:15 AM ET) 📄:
Forecast: +160K jobs
Previous: +183K jobs
This report provides a monthly snapshot of private-sector employment, offering insights into labor market trends ahead of the official government employment data.
🏢 ISM Services PMI (10:00 AM ET) 🏢:
Forecast: 53.0
Previous: 52.8
This index assesses the performance of the U.S. services sector. A reading above 50 indicates expansion, while below 50 signifies contraction.
🏭 Factory Orders (10:00 AM ET) 🏭:
Forecast: -0.5%
Previous: +1.2%
This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.