Tag: Economic indicators

news-21062024-134226

Euro Area Recovery in Question as PMIs Highlight Weakness

The Euro Area's economic recovery is facing uncertainty as recent Purchasing Managers' Index (PMI) data points to weaknesses in the region. While global equities...
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US Equities End Week on Soft Note: Market Analysis | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to carefully consider your investment objectives,...
news-21062024-074201

US PCE Inflation in Focus: Week Ahead Agenda – Action Forex

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
news-21062024-074141

USD/JPY Forex Analysis: Heading Towards Danger Zone

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
news-21062024-073919

UK Election Turmoil and Mixed Data Weigh on Pound Sterling

The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...
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Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
news-21062024-014103

Eurozone PMI: Manufacturing Drops to 45.6, Services to 52.6 – Market Update

Eurozone's Purchasing Managers' Index (PMI) data for the month of June has raised concerns as both the Manufacturing and Services sectors experienced significant declines....
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UK Services PMI for June Falls Below Expectations – Forexlive

The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
news-20062024-193622

Japan’s CPI Core Accelerates to 2.5% While Core-Core Slows to 2.1%

Japan's core consumer price index (CPI) excluding food prices increased by 2.5% year-on-year in May, which is slightly lower than the expected 2.6%. This...
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Expectation of Slow Rate Cuts by Ex-Fed Bullard from FOMC | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks...

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news-05072024-142021

French Elections Round Two, Powell Testimony, and US CPI Preview –...

Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...