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Services PMI 53.3 vs. 52.9 expected and 51.5 prior.Composite PMI 51.7 vs. 51.4 expeced and 50.3 prior.Key findings:HCOB Eurozone Composite PMI Output Index at 51.7 (Mar: 50.3). 11-month high. HCOB Eurozone Services PMI Business Activity Index at 53.3 (Mar: 51.5)....
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,...
Prior 50.1Composite PMI 50.6 vs 50.5 prelimPrior 47.7It's a mild revision to the preliminary estimates as both the German services and composite readings are at 10-month highs. The good news is that activity is picking up with new business also facing an upturn....
Services PMI 51.3 vs. 50.5 expected vs. 48.3 prior.Composite PMI 50.5 vs. 49.9 expected and 48.3 prior.Key findings:France's service sector back in expansion as demand improves. Employment growth accelerates to nine-month high.Input price inflation cools, but output...
Prior 54.6Composite PMI 52.6Prior 53.5Italy's services sector stays in expansion although there is just a slight easing in activity and new business on the month. Stronger demand conditions is helping in that regard with jobs growth also quickening in April. However,...
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,...
Services PMI 56.2 vs. 56 expected and 56.1 prior.Composite PMI 55.7 vs. 55.3 prior.Key findings:Stronger gain in activity, despite slower new business growth.Job numbers increase sharply.Inflation rates remain elevated.Comment:Commenting on the PMI data, Jonas...
Last Friday, the US NFP missed consensus coming in at 175K vs. 243 expected with the unemployment rate ticking higher to 3.9% vs. 3.8% expected. Moreover, the average hourly earnings surprised to the downside with the Y/Y growth rate coming in at 3.9% vs. 4.0%...
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,...
The hourly chart is very much in focus for gold right now:Gold (XAU/USD) hourly chartAs the dollar fell on Friday, the precious metal caught a solid bid to $2,320 initially. But only to run up against offers at the 200-hour moving average (blue line) before being sent...
There are a couple to take note of, as highlighted in bold.The first one being for EUR/USD at 1.0750, so that could hold price action from veering off too far during the session. But with the dollar pressured, it could also act as a minor floor before rolling off...
USD/JPY is a notable mover amid a Japanese holiday today, with the pair seen up 0.6% to 153.90 currently. The yen is slumping as dip buyers step back in following a test of the 152.00 mark at the end of last week. Still, the big winner last week was Tokyo as USD/JPY...
A recap of the releases in US trading at the end of last week:That put some pressure on the dollar but the greenback did at least managed to salvage a bit of pride in the latter hours before the weekend. So far today, USD/JPY is the notable mover as it is trading back...
Federal Open Market Committee (FOMC) speakers on Monday include NY Fed's WilliamsECB's Lane says Confidence on getting inflation lower is improvingChina's services PMI expansion slowed a touch in April, but remains solid - recapOECD says the Reserve Bank of New...
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,...
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,...
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,...
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,...
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,...
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,...