For individuals embarking on their trading journeys, making informed decisions is essential before stepping into the world of online trading. A crucial choice for a new trader is selecting a suitable account that best meets their specific needs and goals.Choosing the...
UK February flash services PMI 51.1 vs 50.8 expected
Services PMI 51.1 vs 50.8 expected vs. 50.8 priorManufacturing PMI 46.4 vs 48.4 expected vs. 48.3 priorComposite PMI 50.5 vs 50.5 expected and 50.6 prior.Key findings:Flash UK PMI Composite Output Index: 50.5 (Jan: 50.6). 2-month low. Flash UK Services PMI Business...
Italy January final CPI +1.5% vs +1.5% y/y prelim
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 flash services PMI 50.7 vs 51.5 expected
Prior 51.3Manufacturing PMI 47.3 vs 47.0 expectedPrior 46.6Composite PMI 50.2 vs 50.5 expectedPrior 50.2Despite a poor set of readings from France, the euro area economy managed to grow marginally in February. A rebound in the manufacturing sector helped, as services...
USDJPY Technical Analysis – JPY strength resumes as Treasury yields fall
Fundamental OverviewThe US Dollar this week has been erasing some of the losses experienced last week after the benign US PPI and the Trump’s reciprocal tariffs announcement. There hasn’t been any notable catalyst this week to support the greenback although some...
Germany February flash manufacturing PMI 46.1 vs 45.5 expected
Manufacturing PMI 46.1 vs 45.5 expected vs. 45.0 priorServices PMI 52.2 vs 52.5 expected vs. 52.5 priorComposite PMI 51.0 vs 50.8 expected and 50.5 priorKey findings:HCOB Flash Germany Composite PMI Output Index(1) at 51.0 (Jan: 50.5). 9-month high. HCOB Flash Germany...
France February flash services PMI 44.5 vs 48.9 expected
Prior 48.2Manufacturing PMI 45.5 vs 45.5 expectedPrior 45.0Composite PMI 44.5 vs 48.0 expectedPrior 47.6That's a real awful set of readings with both the services and composite ones being 17-month lows. It reaffirms that the French economy is sliding deeper into...
European stocks open lightly changed, winning streak under threat
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,...
France February business confidence 96 vs 95 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,...
China says vice premier He set to have video call with US Treasury secretary Bessent
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 January retail sales +1.7% vs +0.3% m/m expected
Prior -0.3%; revised to -0.6%Retail sales +1.0% vs +0.6% y/y expectedPrior +3.6%; revised to +2.8%Retail sales ex autos, fuel +2.1% vs +0.9% m/m expectedPrior -0.6%; revised to -0.9%Retail sales ex autos, fuel +1.2% vs +0.5% y/y expectedPrior +2.9%; revised to +2.1%As...
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PMIs back in focus to wrap up the week
The dollar fell in trading yesterday but the major currencies bloc is not showing much change so far today outside of the Japanese yen that is. USD/JPY continues to run rather volatile, now climbing back up to above 150.00 levels after the drop since US trading...
USD/JPY rockets 150 points higher as JGB yields surge
USD/JPY extended its decline leading into Japan’s inflation data release today, but in a surprising turn, the pair rebounded sharply despite figures that reinforced expectations of continued Bank of Japan (BOJ) rate hikes. The inflation data showed: Core inflation...
BOJ Ueda says policy still accommodative, will adjust if underlying prices rise
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,...
OPEC+ is expected to once again postpone it production hike
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 asset manager ABRDN in talks with China Citic to form Joint Venture
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,...
BoJUeda says hike to 50bp interest rates will boost interest payments on reserves 1tln yen
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,...
Japan Prime Minister Ishiba has strong concerns that rising yields may harm finances
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,...
BOJ Governor Ueda warns loss of mkt confidence in Japan fiscal could drive JGB yields up
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,...