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France july final services pmi 47.1 vs 47.4 prelim
Prior 48.0Composite PMI 46.6 vs 46.6 prelimPrior 47.2This just confirms a further slump in the French services sector in July and a contraction in the...
Nzd/usd: next on the downside comes 0.6020 – uob
EUR/USD is trading on the defensive below 1.0950, holding close to multi-week lows. Bets for more rate hikes by the Fed continue to underpin the US Do...
Usd/chf price analysis: bulls approach 0.8800 on mixed swiss inflation data, us pmi eyed
USD/CHF remains on the front foot for the sixth consecutive day, clings to mild gains of late. Swiss CPI slides to -0.1% MoM, 1.6% YoY in July. Clear ...
Aud/usd outlook: bears retain control, might aim to challenge ytd low around 0.6460 area
Bets for more rate hikes by the Fed continue to underpin the USD and favour bearish traders. Read Full Story at source (may require registration) The ...
Boe preview: three scenarios and implications for gbp/usd – tds
GBP/USD is trading near 1.2700, languishing in three-week lows on ‘Super Thursday’. The pair is undermined by a broad US Dollar strength and the m...
Italy july services pmi 51.5 vs 52.2 expected
Prior 52.2Composite PMI 48.9Prior 49.7Italian services sector growth eases further in July as new business is headed for stagnation. Of note, there wa...
Global home textile products market projected to reach us$ 169.1 bn by 2031 amid surging demand for interior design: tmr report
Increased spending on interior design and house decoration and the growing expansion of residential and commercial construction sectors are the key fa...
Italy reportedly struggle to broker deal in order to bring down prices of essential goods
This is a bit of a blow to consumer price pressures in Italy. The government had been trying to negotiate an agreement between producers and retailers...
Jasper’s market squawk 03-08-2023
Flight to Safety Defining Markets Global equities fell after Fitch’s downgrade of US sovereign rating. Yields climbed in the wake of unexpectedly st...
Meta's threads vs. traditional social media: a comparative analysis
Social media platforms have dominated the digital age in terms of connecting people, exchanging information, and establishing communities. Meta (previ...
Metaverse and the future of web3
The metaverse notion has captivated the imaginations of technologists, investors, and futurists alike. This virtual universe, in which users may conne...
Google pay and crypto: exploring the future of digital payments
With the advent of crypto, the world of digital payments has undergone substantial change. Google, as a technology pioneer, has been closely tracking ...
Dollar gains some ground as equities stumble lower
Well, the calmer mood sure didn't last long. After a surge higher in bond yields yesterday, we are seeing a continuation of that with 10-year Treasury...
Spain july services pmi 52.8 vs 53.4 expected
Prior 53.4The drop in the headline reading sees it fall to the weakest since January, as the rate of expansion of Spain's services sector eases furthe...
Nzdusd bears attempt another breakout
NZDUSD is recording another red candle as the bears are again trying to stage a breakout from the rectangle that has been in place since February 2023...
Us dollar likely to maintain its position against foreign currencies over next 3 months, says reuters survey
US dollar to maintain its position vs. most currencies over next 3 months due to expectations of higher interest rates. Euro’s recent run likely to ...
Eur/usd tests key technical support as dollar keeps firmer to start the session
In turn, this is pushing EUR/USD slightly lower on the day as the tight range earlier expands a little. The pair is now down to a low of 1.0916 and is...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6633; (P) 1.6683; (R1) 1.6780; More… Intraday bias in EUR/AUD stays on the upside for retesting 1.6785 high. Decisive break the...
Pu sole footwear polyurethane market to surge from usd 5.2 billion in 2023 to usd 9.6 billion in 2032, at a rate of 7.80% from 2023 to 2022 – report by market research future (mrfr)
PU Sole Footwear Polyurethane Market Research Report Information By Application (Casuals, Boots, Slippers & Sandals, Sports, Formals), Raw Material (M...
Lithium and lithium minerals market for non-battery application is expected to reach usd 4,570.0 million by 2030, with a cagr of 7.22% between 2023 and 2030 – report by market research future (mrfr)
Lithium and Lithium Minerals Market for Non-Battery Application Research Report Information By Type (Lithium Carbonate, Lithium Hydroxide and Others),...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8584; (P) 0.8606; (R1) 0.8629; More… Intraday bias in EUR/GBP stays neutral first as recovery lost momentum after hitting 0.862...
European equities stumble lower at the open today
Eurostoxx -0.7%Germany DAX -0.9%France CAC 40 -0.6%UK FTSE -0.8%Spain IBEX -0.3%US futures are also tilting slightly lower now with S&P 500 futures do...
Industrial fasteners market to expand at a rate of 4.50% from 2023 to 2032 and touch usd 119.1 billion by 2032 – report by market research future (mrfr)
Industrial Fasteners Market Research Report Information By Material (Metal, Plastic), By Product (Internally Threaded, Externally Threaded, Non-Thread...
Eur/jpy daily outlook
Daily Pivots: (S1) 156.19; (P) 156.85; (R1) 157.43; More…. Intraday bias in EUR/JPY remains neutral for the moment, and outlook is unchanged. On the...
Asic sues etoro for lapses around identifying cfds investors
The Australian Securities and Investments Commission (ASIC) has sued the Aussie entity of multi-asset broker eToro for lapses around its contracts for...
Gbp/jpy daily outlook
Daily Pivots: (S1) 181.54; (P) 182.40; (R1) 183.03; More… Intraday bias in GBP/JPY remains neutral at this point, but outlook is unchanged. Correcti...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9573; (P) 0.9611; (R1) 0.9637; More… Intraday bias in EUR/CHF is turned neutral with 4H MACD crossed below signal line. Also, w...
Usd/cad stabilizes at one-month high around 1.3350 amid softer oil price, sluggish us dollar
USD/CAD prods July’s peak after two-day uptrend, sidelined of late. Oil Price extends fall from multi-day high amid fears of no change in OPEC+ outp...
Swisscom reports slight dip in group revenue during h1 2023
According to their financial report, Swisscom Group’s revenue fell by 0.3 percent to CHF 5,450 million. The revenue from the Swiss core business als...
Gold under pressure as strong us data bolsters dollar, bond yields
Gold prices held near three-week lows on Thursday after strong U.S. private payrolls data fuelled bets of more monetary policy tightening and boosted ...
Swiss cpi slowed to 1.6% yoy in jul, core cpi down to 1.7% yoy
Swiss CPI fell -0.1% mom in July, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) was down -0.2% mom. Domestic...
Bank of japan intervened with unscheduled bond buying program
Markets Bunds and US Treasuries parted ways yesterday. Yields on the latter surged more than 8 bps at the long end of the curve. That had little to do...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3292; (P) 1.3323; (R1) 1.3381; More…. Intraday bias in USD/CAD stays neutral first as range trading continues. As long as 1.338...
Switzerland july cpi +1.6% vs +1.6% y/y expected
Prior +1.7%Core CPI +1.7% y/yPrior +1.8%The good news at least is that core annual inflation is also gradually coming down and with the ECB perhaps ch...
Australian dollar hurt by dampened risk appetite; aud/usd, aud/cad, aud/sgd price setups
A scaling back in risk appetite and an unexpected pause by the Reserve Bank of Australia (RBA) earlier in the week is weighing on AUD. What is the out...