High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
UK February final manufacturing PMI 46.9 vs 46.4 prelim
Prior was 48.3Key Findings:Manufacturing PMI at 14-month low of 46.9 Steepest job losses since mid-2020 Output and new orders fall at faster ratesComment:Rob Dobson, Director at S&P Global Market Intelligence:“February PMI data show UK manufacturers facing an...
SNB total sight deposits w.e. 28 February CHF 437.4 bn vs CHF 438.1 bn prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Eurozone February final manufacturing PMI 47.6 vs 47.3 prelim
Prior 46.6Besides the drop in Spain, manufacturing activity across the region picked up in February with Germany of note seeing a reading that hit a two-year high. The sector remains in contraction but at least factory production is seen stabilising further to start...
Germany February final manufacturing PMI 46.5 vs 46.1 prelim
Prior was 45.0Key findings:HCOB Germany Manufacturing PMI at 46.5 (Jan: 45.0). 25-month high. HCOB Germany Manufacturing PMI Output Index at 48.9 (Jan: 46.3). 9-month high. Sharp and accelerated decline in employmentComment:Commenting on the PMI data, Dr. Cyrus de la...
Apple Stock (AAPL) – Next Key Price Levels
For day traders, short-term swing traders, and investors, understanding key price levels in Apple stock is crucial for structured decision-making. These levels are closely followed by institutional traders, algorithms, and large market participants, making them...
France February final manufacturing PMI 45.8 vs 45.5 prelim
Prior 45.0Both output and new orders are still in sharp declines, though at least the situation is seen improving in February. Overall, weak demand conditions remain a major drag on the industry sector in the region. Besides that, price pressures are also seen...
Italy February manufacturing PMI 47.4 vs 46.8 expected
Prior was 46.3Key findings:Modest and softer drop in production volumes Output charges reduced again amid subdued sales environment Employment and purchasing fall as firms remain in retrenchment modeComment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist...
Switzerland February manufacturing PMI 49.6 vs 48.0 expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Spain February manufacturing PMI 49.7 vs 51.4 expected
Prior was 50.9Key findings:Modest drop in new orders for the first time since July 2024 Production growth supports clearance of work outstanding Job losses recorded but confidence in outlook strengthensComment:Commenting on the PMI data, Jonas Feldhusen, Junior...
European equities open higher to start the new week, month
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDJPY Technical Analysis – The risk sentiment remains fragile
Fundamental OverviewThe USD gained ground across the board last week amid risk-off flows and renewed tariffs fears. In fact, we got some weak US data coupled with new cycle highs in inflation expectations.This is something to keep in mind in light of the next NFP and...
Japan top FX diplomat says small, medium firms also have strong prospects on wage hikes
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
What’s happening in central bank land in March?
A quick summary of the meeting dates among major central banks and what is expected of them in terms of market pricing:6 March - European Central Bank: 25 bps rate cut (100% priced in)12 March - Bank of Canada: Toss up (~51% odds of a 25 bps rate cut)19 March - Bank...
A new week and new month but same old episode of drama
It's tough not to begin by commenting about what transpired in the Oval Office on Friday. Absolutely surreal. Putin will be smiling from ear to ear and it looks like the path for the Russia-Ukraine conflict to end just took a bad turn. But with that being whatever it...
Tesla Stock – Prices to Watch for Next
Introduction: Why Key Price Levels MatterFor day traders, short-term swing traders, and investors, understanding key price levels is critical for making informed trading decisions rather than chasing price or trading randomly. These levels are widely followed by...
FX option expiries for 3 March 10am New York cut
There is just one to take note of on the day, as highlighted in bold.That being for USD/CAD at the 1.4440 level. It's not one that ties to any technical significance and with the dollar and loonie now, a lot will ride on Trump's tariffs plan in the next 24 hours. So,...
Market Outlook for the Week of 3rd – 7th March
It will be a busy week ahead with numerous economic events. Monday kicks off with manufacturing PMI releases for the eurozone, Switzerland, the U.K., and Canada. However, special attention will be on the U.S. ISM manufacturing PMI and ISM manufacturing prices. On...
Monday: Federal Reserve Bank of St. Louis President Musalem speaks on the economy & policy
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
More on China’s reciprocal tariffs on the US – targeting US Agriculture
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...