Morning Bid: Eyes on PMIs for rebound signs [Reuters]
Texas Instruments Incorporated (TXN)
Last texas instruments incorporated earnings: 4/21 04:01 pm
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Source: Reuters
Recent manufacturing indicators have been positive, particularly in the United States, and investors are looking for signs of improvement outside the U.S. to keep the dollar's strength in check. Consensus expectations, however, are for Europe's manufacturing PMI to stay firmly in contractionary territory at 46.6, which could add pressure on the euro . Japan's factory activity contracted in April, though the pace of decline was very modest and at 49.9 the manufacturing PMI was its closest to the break-even point of 50 since slipping into contraction in June. Japan's yen is trading precariously close to a three-decade low and is within a whisker of the 155 level that traders think may trigger intervention. Japanese officials issued their strongest warning yet of possible yen buying. The Bank of Japan meets later in the week. British PMIs are seen more or less steady. Sterling has turned shaky in the wake of Bank of England Deputy Governor Dave Ramsden sounding dovish in remar
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TXN
Earnings
- 4/23/24 - Beat
TXN
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/1/24 - Form 4
- TXN's page on the SEC website