UK PMI manufacturing finalized at 51.5, confidence drops and price pressures rise
UK manufacturing sector expanded at a slower pace in September, with the PMI finalizing at […]
Eurozone PMI manufacturing finalized at 45, output and orders decline
Eurozone’s PMI Manufacturing was finalized at 45.0 in September, down from 45.8 in August, marking […]
EURUSD Turns Neutral Amid Double-Top Formation
EURUSD holds above 20-day SMA but bias turns neutral Bulls still have a chance as […]
USD/CAD Can Be Trapped in a Triangle – More Weakness After Completed A-B-C-D-E Waves
USDCAD is reversing south after an unsuccessful push above 2022 highs, so it appears that […]
Euro Area Inflation and US Labour Market Data in Focus
In focus today Today, focus is on euro area HICP inflation from September. We expect […]
ECB Can Afford to Take a More Dovish Stance
The Chinese stocks extended gains on Monday as China announced more stimulus measures and investors […]
Intraday Elliott Wave View Favors More Downside in USDJPY
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair […]
Australia’s retail sales rises 0.7% mom in Aug, driven by record warm weather
Australia’s retail sales turnover increased by 0.7% mom in August, surpassing the expected rise of […]
WTI Crude Oil Dips Once More: Is More Weakness Ahead?
Key Highlights WTI Crude Oil price started a fresh decline from the $73.25 resistance. It […]
Eurozone CPI falls to 1.8% in Sep, CPI core down to 2.7%
Eurozone CPI fell from 2.2% yoy to 1.8% yoy in September, below ECB’s 2% target […]