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 final services PMI 50.8 vs 51.2 prelim
Final Services PMI 50.8 vs 51.2 expected and 51.1 prior.Final Composite PMI 50.6 vs 50.9 expected and 50.4 prior.Key Findings:Renewed downturn in order books Marginal output growth in January Fastest reduction in employment for four yearsComment:Tim Moore, Economics...
Eurozone January final services PMI 51.3 vs 51.4 prelim
Final Services PMI 51.3 vs. 51.4 expected and 51.6 prior.Final Composite PMI 50.2 vs. 50.2 expected and 49.6 prior.Key findings:HCOB Eurozone Composite PMI Output Index at 50.2 (Dec: 49.6). 5-month high. HCOB Eurozone Services PMI Business Activity Index at 51.3 (Dec:...
Germany January final services PMI 52.5 vs 52.5 prelim
Final Services PMI 52.5 vs. 52.5 expected and 51.2 prior.Final Composite PMI 50.5 vs. 50.1 expected and 48.0 prior.Key findings:HCOB Germany Services PMI Business Activity Index at 52.5 (Dec: 51.2). 6-month high. HCOB Germany Composite PMI Output Index at 50.5 (Dec:...
France January final services PMI 48.2 vs 48.9 prelim
Final Services PMI 48.2 vs. 48.9 expected and 49.3 prior.Final Composite PMI 47.6 vs. 48.3 expected and 47.5 prior.Key findings:Activity levels fall at slightly faster rate as demand weakness persists Prices charged lowered for first time since April 2021 Employment...
Italy January services PMI 50.4 vs 50.5 expected
Services PMI 50.4 vs. 50.5 expected and 50.7 prior.Composite PMI 49.7 vs. 49.7 prior.Key findings:Fractional rise in business activity amid marginal drop in new business Renewed decrease in employment levels Rate of both cost and charge inflation rise to nine-month...
Spain January services PMI 54.9 vs 56.7 expected
Services PMI 54.9 vs 56.7 expected and 57.3 priorComposite PMI 54.0 vs 56.8 priorKey findings:Jobs added in response to rising workloads and capacity pressures New business growth fastest since April 2023 Input cost inflation sharpest in nearly a...
ECB’s de Guindos: I see inflation approaching the ECB’s target
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,...
If the main obstacle for the US is Iran pursuing nuclear weapons, it can be resolved
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,...
Nasdaq Futures Today by TradeCompass
Structured Approach to NASDAQ Futures TradingNasdaq futures today by TradeCompassFor those new to the TradeCompass, it serves as a structured NASDAQ futures analysis and a price prediction tool, identifying key price levels where traders may see buying, selling,...
A Simple Gold Technical Analysis: Gold Bulls want mooooorrrrrrreeee…
Gold Futures Surge to Record Highs, Set Eyes on 2900Gold futures (GC1) have decisively broken past key resistance levels, setting a new all-time high (ATH) and confirming strong bullish momentum. This breakout signifies robust buying pressure and suggests a sustained...
USDJPY Technical Analysis – Strong Japanese wage data boosts the JPY
Fundamental OverviewThe USD opened the week higher across the board as Trump followed through with his threats and imposed tariffs on Canada, Mexico and China on Saturday. Thankfully, it seems like Trump continues to use tariffs as a way to bring countries to the...
EU prepares to hit Big Tech in retaliation for Donald Trump’s tariffs – FT
The Financial Times reports that the EU is preparing to hit Silicon Valley in a potential retaliation if Donald Trump carries out his threats to impose tariffs on the bloc, marking the first activation of a Brussels “bazooka” that could bring services into a trade...
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ForexLive Asia-Pacific FX news wrap: Solid Japan wage data, yen surges higher
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,...
Federal Reserve speakers on Wednesday include Barkin, Goolsbee, Bowman, and Jefferson
The times below are listed GMT/US Eastern time. 1400/0900 Federal Reserve Bank of Richmond President Thomas Barkin participates in fireside chat before the Conference Board "2025: A Year in Preview" Conference, in New York1800/1300 Federal Reserve Bank of Chicago...
Japan’s Akazawa says ambitious goal to boost minimum wage, eradicate deflationary mindset
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 official: BOJ sees underlying inflation gradually heading towards 2%
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 additional US tariffs of 10% will apply to Hong Kong as well as mainland China
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,...
European Central Bank chief economist Philip Lane is speaking today
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,...