Focus Turns to the PMIs
Market movers today The market highlight today will be the January PMI figures for the […]
Dollar Softens Mildly in Subdued Trading, Focus Turns to PMIs
Dollar softens mildly again in rather subdued trading in Asia. Many markets are still on […]
Gold Considers a Fresh 9-Month High, PMIs in Focus
UK and Europe: UK’s FTSE 100 futures are currently up 10.5 points (0.14%), the cash […]
Japanese Yen Steadies on PMI Data and Markets Assess Risks. Where to for USD/JPY?
The Japanese Yen saw gains against the US Dollar after comforting PMI numbers in thin […]
GBP/USD Hesitates But More Gains Seem Possible
Key Highlights GBP/USD started a fresh increase above the 1.2350 resistance. A connecting bullish trend […]
Australia NAB business conditions fell to 12, confidence improved to -1
Australia NAB Business Conditions fell from 20 to 12 in December. Trading conditions fell from […]
Australia PMI composite rose to 48.2, economy is not slowing sufficiently for RBA
Australia PMI Manufacturing fell from 50.2 to 49.8 in January, a 32-month low. PMI Services […]
NZ BusinessNZ services dropped to 52.1, marked a significant slowdown
New Zealand BusinessNZ Performance of Services Index dropped from 53.8 to 52.1 in December. Looking […]
ECB Lagarde: Rates still have to rise significantly at a steady pace
ECB President Christine Lagarde said in a speech that the “high inflation environment” is a […]
Will BoC Press the Hike Button One More Time?
After signaling that it will be considering whether interest rates need to rise further on […]
Market Pricing and Economists Favour a 25bp Hike from the BOC Tomorrow
The Bank of Canada are expected to hike interest rates by 25bp tomorrow according to […]
Japan PMI manufacturing unchanged at 48.9, services rose to 52.4
Japan PMI Manufacturing was unchanged at 48.9 in January, below expectation of 49.4. PMI Services […]