Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
The Pound Sterling consolidates after recovering slightly on Thursday as BoE’s Mann said services inflation needs to decline further for more rate cuts. The UK flash PMI report shows that business activity continued to expand in October but at a slower pace. Traders seem to be increasingly betting that Donald Trump will win the US […]
The Canadian Dollar (CAD) eased lower after better-than-expected US NFP numbers. Canada saw an upswing in Ivey PMIs, but was passed over by market watchers. A firm jump in US NFP jobs additions toppled rate cut hopes to wrap up the trading week. The Canadian Dollar (CAD) slipped further on Friday, driven lower by a […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
Japan Jibun Bank Services PMI below expectations (53.9) in September: Actual (53.1) Source link
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
EUR/USD falls sharply below 1.1100 on weak Eurozone preliminary Purchasing Managers’ Index data of September. ECB policymakers appear to be increasingly concerned about inflation remaining persistent. Markets expect the Fed to deliver a second consecutive 50 bps interest-rate cut in November. EUR/USD faces sharp selling pressure and falls below the crucial support of 1.1100 in Monday’s European […]
China NBS Non-Manufacturing PMI above forecasts (50) in August: Actual (50.3) Source link
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
The Pound Sterling rises to a fresh monthly high near 1.3000 against the US Dollar ahead of key economic data for both the UK and the US. Fed Chairman Powell may signal in Jackson Hole whether the central bank will cut interest rates by 25 or 50 basis points (bps) in September. BoE’s Governor Bailey […]
The Canadian Dollar stumbled against the Greenback on Thursday. Canada and US PMIs gave a soft print in July. US NFP looms large on Friday, markets hoping for continued softening. The Canadian Dollar (CAD) tripped and fell against the US Dollar (USD) on Thursday after a misprint in Purchasing Managers Index (PMI) figures flashed warning […]
The Dow Jones shed 400 points in the midweek market session. Investors balked after US PMIs came in firmly mixed. US Manufacturing set to slow further, but Services PMIs expanded. The Dow Jones Industrial Average (DJIA) fell over 400 points on Wednesday after US Purchasing Managers Index (PMI) figures came in broadly mixed, entirely reversing […]
