This report has been deactivated

13

0
US: Another awful ISM report
Tue, Nov 4 2008, 08:15 GMT
by Peter Possing Andersen, Signe Roed-Frederiksen
Danske Bank A/S
The ISM manufacturing index declined from 43.5 to 38.9 in October, the lowest level since September 1982 and below both our and consensus expectations. After four months during which the ISM index continuously overshot actual manufacturing production growth, the index caught up with reality last month. The continued decline in October suggests even weaker growth in the coming months.
Published on
Tue, Nov 4 2008, 08:17 GMT
Danske Bank
| Holmens Kanal 2-12, DK-1092 Copenhagen
http://www.danskebank.com/ | danskeresearch@danskebank.com
Legal disclaimer and risk disclosure
This publication has been prepared by Danske Bank for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents are not untrue or misleading, no representation is made as to its accuracy or completeness and no liability is accepted for any loss arising from reliance on it. Danske Bank, its affiliates or staff, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives), of any issuer mentioned herein. Danske Bank's research analysts are not permitted to invest in securities under coverage in their research sector.
This publication is not intended for private customers in the UK or any person in the US. Danske Bank A/S is regulated by the FSA for the conduct of designated investment business in the UK and is a member of the London Stock Exchange.
Copyright () Danske Bank A/S. All rights reserved. This publication is protected by copyright and may not be reproduced in whole or in part without permission.
Related reports
Fundamental Currencies Comments - Stocks, commodities gain; Dollar declines by ecPulse.com
Mon, Nov 23 2009, 19:02 GMT
Intraday Forex Technical Report - U.S. Update: Gold keeps leading by FXstreet.com Independent Analyst Team
Mon, Nov 23 2009, 16:01 GMT
Daily Market Report - Greenback is starting the new week on a soft note by Wells Fargo Investments, LLC
Mon, Nov 23 2009, 14:59 GMT
Forex Technical Report - Gold Surges as Dollar is Unable to Follow-Through to Upside by ForexHound.com
Mon, Nov 23 2009, 14:45 GMT
Forex Technical Report - Euro Up Big on Speculation U.S. Economy Will Weaken by ForexHound.com
Mon, Nov 23 2009, 14:44 GMT
indicator, eurusd, ism
View All
Related content
Forex: EUR/USD consolidates important gains but holds below 1.5000, still in ranges
FXstreet.com | Mon, Nov 23 2009, 20:42 GMT
Stocks consolidates gains; Dollar holds near intra-day low
FXstreet.com | Mon, Nov 23 2009, 19:35 GMT
Forex: EUR/USD: Euro holds below 1.5000
FXstreet.com | Mon, Nov 23 2009, 17:09 GMT
ECB Trichet: Strong Dollar Important For World Economy
Dow Jones | Mon, Nov 23 2009, 15:43 GMT
U.S. markets advance after buoyant housing data; Dollar, at lower levels
FXstreet.com | Mon, Nov 23 2009, 15:30 GMT
indicator, eurusd, ism
View All
ForexHedge » Airbus Euro’s or Boeing Dollars ?
Mon, Nov 23 2009, 15:45 GMT
Chartology » Two Looks at the Short Term 15min EUR/USD
Mon, Nov 23 2009, 15:41 GMT
Tech Trading » EUR/USD Towards 1,5060
Mon, Nov 23 2009, 12:08 GMT
FX Market Readings » Week beginning - expected volatile moves
Mon, Nov 23 2009, 12:06 GMT
Trading for a living » Nice run at the Frankfurt opening
Mon, Nov 23 2009, 12:03 GMT
indicator, eurusd, ism
View All
Technical analysis for EUR/USD, GBP/USD - Page 5 - Forex Forum - FXstreet.com
Fri, Oct 10 2008, 12:07 GMT
Yellowlion's Daily EURUSD - Page 6 - Forex Forum - FXstreet.com
Fri, Oct 10 2008, 12:07 GMT
Elliott charts with Grega H. - Page 2 - Forex Forum - FXstreet.com
Fri, Oct 10 2008, 12:05 GMT
Technical analysis for EUR/USD by AceTrader - Forex Forum - FXstreet.com
Fri, Oct 10 2008, 12:03 GMT
The technical analysis of majors - Page 3 - Forex Forum - FXstreet.com
Fri, Oct 10 2008, 12:02 GMT
indicator, eurusd, ism
View All
Outlook for the major currencies this week
Ian Copsey | Tue, Sep 30 2008, 08:00 GMT
FX Instructor Live Trading Room
Mark De La Paz | Tue, Sep 30 2008, 11:00 GMT 
FX Instructor Live Trading Room
Mark De La Paz | Wed, Oct 1 2008, 09:00 GMT
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 29th Edition
Wayne McDonell | Fri, Oct 3 2008, 11:30 GMT
Weekly Webinar: 1st on Forex - The Week Ahead
Jerry Furst | Mon, Oct 6 2008, 16:00 GMT
indicator, eurusd, ism
View All
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.