The Obstacle to September QE3

by Ashraf Laidi

Sep 4, 2012 18:34

Last week we said a major reason for no QE3 in September was the avoidance of further oil price hikes. Todays release of the Prices Paid index from the August Manuf ISM confirms this obstacle. The 14.5 point jump in the August Prices Paid component to 54 was the biggest monthly increase since September 2005. Read further . . . http://www.cityindex.co.uk/market-analysis/market-news/57152012/prices-stand-in-the-way-of-qe3/

Previous Next Archives

Latest IMTs

Market Got the Message
by Ashraf Laidi | Apr 15, 2026 9:46
Capturing 2000 points & 4840
by Ashraf Laidi | Apr 9, 2026 13:11
Next Key Levels
by Ashraf Laidi | Apr 6, 2026 13:54
Gold's 730 am Test
by Ashraf Laidi | Apr 2, 2026 22:10
10 Pct Limit
by Ashraf Laidi | Mar 31, 2026 14:23

Subscribe to Ashraf's Newsletter

Name:

Email:

Latest Hot-Chart - Mar 30

Patterns on Fridays & Mondays Since the start of the war on Iran, the pattern of falling Fridays in US equity indices has become obvious. Will the pattern ends this week. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..