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Eur/usd: euro steady above daily cloud ahead of this week’s key events

EURUSD is holding in a choppy and sideways mode for the fifth consecutive day, as traders look for fresh signals from this week’s key events – Fed...

July 5, 2023, 8:52 am

Dax declines on china growth concerns

German stocks traded lower on Wednesday after a private survey showed China’s services activity expanded at the slowest pace in five months in June,...

July 5, 2023, 8:44 am

Gold trades in narrow range as markets wait for fed minutes

The Federal Open Market Committee will issue minutes from its june 13 to14 meeting at 1800 GMT. Investo...

July 5, 2023, 8:44 am

Vw tops uk june sales but pressure grows for ev plan

Volkswagen Group (XETRA:VOW) emerged as the UK's most-sold brand in june as battery-powered cars contin...

July 5, 2023, 8:33 am

Uk june final services pmi 53.7 vs 53.7 prelim

Prior 55.2Composite PMI 52.8 vs 52.8 prelimPrior 54.0No change to the initial estimates as the UK services sector growth loses momentum towards the en...

July 5, 2023, 8:30 am

Eur/usd outlook: euro steady above daily cloud ahead of this week’s key events

EURUSD is holding in a choppy and sideways mode for the fifth consecutive day, as traders look for fresh signals from this week’s key events – Fed...

July 5, 2023, 8:29 am

What does an earnings surprise mean for american outdoor brands?

American Outdoor Brands, Inc. NASDAQ: AOUT delivered its fourth quarter and full-year earnings for its 2023 fiscal year on...

July 5, 2023, 8:26 am

Why chewy stock gained 34% in june

Chewy is generating elevated profits now thanks to years of investment in its business. The company is looking to Canada for growth, which could reduc...

July 5, 2023, 8:17 am

Indian equities benefit most from june foreign inflows into asia

Indian equities attracted the most foreign inflows for Asia’s emerging markets, excluding China, in June, with foreign investors purchasing a net $5...

July 5, 2023, 8:14 am

Eurozone june final services pmi 52.0 vs 52.4 prelim

Prior 55.1Composite PMI 49.9 vs 50.3 prelimPrior 52.8The lower revision sees the euro area services sector growth fall to a five-month low and that is...

July 5, 2023, 8:01 am

Eur/gbp technical: still evolving in a medium-term downtrend

The medium-term downtrend phase of EUR/GBP in place since the 3 February 2023 high of 0.8979 remains intact. Recent price actions have staged a declin...

July 5, 2023, 7:58 am

Germany june final services pmi 54.1 vs 54.1 prelim

Prior 57.2Composite PMI 50.6 vs 50.8 prelimPrior 53.9The services sector remains the only bright spot in the German economy but even the rate of expan...

July 5, 2023, 7:55 am

France june final services pmi 48.0 vs 48.0 prelim

Prior 52.5Composite PMI 47.2 vs 47.3 prelimPrior 51.2The services sector in France sees its quickest decline since February 2021 as demand conditions ...

July 5, 2023, 7:50 am

Spain june services pmi 53.4 vs 55.5 expected

Prior 56.7That's still solid growth but a notable miss on estimates for Spain's services sector. Overall activity and new business saw softer gains on...

July 5, 2023, 7:15 am

Chatgpt site numbers decline for first time

ChatGPT, which was the fastest-adopted internet app when it launched last year, last month saw traffic fall for the first time. Worldwide traffic to t...

July 5, 2023, 7:03 am

Elliott wave update of eurusd – july 5th, 2023

EURUSD is down by about 30 pips since the beginning of this week after eurozone inflation fell more than expected in June. Can the bears be relied on ...

July 5, 2023, 6:11 am

Usd/brl: brazil real analysis as trade surplus surges to record

The USD to Brazilian real (USD/BRL) exchange rate has been under pressure this year as investors reflected on the spectacular comeback of Brazil’s e...

July 5, 2023, 5:59 am

Foxconn falls as iphone maker's june sales plunge. what it means for apple.

The giant of contract electronics manufacturing sees revenue drop almost 20% year over year in June, led lower by weakness in smart consumer electroni...

July 5, 2023, 5:59 am

European shares to drift lower after weak china data

European stocks are set to open lower on Wednesday after a private survey showed growth in China’s services industry slowed in...

July 5, 2023, 5:31 am

Usd/zar: is the south african rand comeback over?

The USD to South African rand (USD/ZAR) price retreated in june as I predicted in this report. After so...

July 5, 2023, 4:44 am


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