Eurozone PMI composite finalized at 10-month low as stagflation concerns loom
Eurozone’s final PMI Services reading fell to 49.5 from October’s 51.6, marking a 10-month low. […]
USDJPY Fights for a Close Above 150
USDJPY stuck within 149.55-150.00 area Short-term risk is skewed to the downside ADP Jobs data, ISM […]
WTI Crude Oil Rises Towards Downtrend Line
WTI crude oil meets 70.00 level Remains in trading range in short-term Broader outlook is […]
Yen Strengthens on Rate Hike Expectations; Euro Tests Recent Lows
USD/JPY Over the past week, the USD/JPY pair dropped by approximately 500 pips. As anticipated, […]
AUD/USD and NZD/USD Under Pressure, Downtrend Persists
AUD/USD declined below the 0.6500 and 0.6455 support levels. NZD/USD is also moving lower and […]
Relaxed into French No-Confidence Vote
South Korea briefly stole the light from the French political chaos after President Yoon suddenly […]
French Politics in Limbo as Barnier Faces No-Confidence Vote
In focus today The no-confidence vote against French PM Michel Barnier is set to take […]
Australia’s Q3 GDP expands 0.3% qoq, marking continued economic slowdown
Australia’s GDP grew by 0.3% qoq in Q3, falling short of expectations for a 0.5% […]
China’s Caixin PMI services falls to 51.5, manufacturing boosts composite index to 52.3
China’s Caixin PMI Services dropped to 51.5 in November from 52.0, missing market expectations of […]
Japan’s PMI services shows renewed growth, composite activity marginally improves
Japan’s services sector returned to growth in November, with PMI Services index finalized at 50.5, […]
UK PMI services finalized at 50.8, growth stalls amid rising costs and gloomy outlook
UK services sector showed signs of slowing in November, with final PMI Services reading dropping […]