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Dollar index (dxy) surprisingly lower as us pmis point to a strong private sector, gold bounces toward $1970/oz

Spot Gold rose and the dollar index (DXY) fell despite positive PMI data. Manufacturing remains a concern, but ...

May 23, 2023, 2:17 pm

Focus on flash pmis

Market movers today Today is PMI day. Euro area PMIs will be scrutinised for clues on whether the service sect...

May 23, 2023, 6:50 am

Eur/usd bears eye $1.078 on pmis and debt ceiling news

It is a busy day ahead for the EUR/USD. Prelim private sector PMI numbers for France, Germany, and the Eurozone will be in focus. While the German man...

May 23, 2023, 3:29 am

service sector drives growth in spain as divergence with manufacturing widens

With Spain continuing to spearhead the wider Eurozone recovery, we take a deeper dive into the country's latest HCOB PMI data, which is compiled by S&...

May 20, 2023, 12:29 pm

Cad inflation key for the bank of canada

In its last rate meeting, the Bank of Canada highlighted its confidence that inflation was falling. However, it did see that core inflation was sticki...

May 15, 2023, 8:44 am

S&p global jpmorgan global composite output index (global pmi) hits highest in 16 months

This is an encouraging sign for the global economy. From the report:The start of the second quarter saw a further acceleration in the rate of global e...

May 10, 2023, 2:25 am

Japan services pmi for april 55.4 (prior 54.9)

Jibun Bank S&P Global PMIs from Japan for April of 2023 Services 55.4preliminary 54.9 prior 55.0expansion for the eighth consecutive monththe stronges...

May 8, 2023, 12:30 am

Dow jones newswires: china’s caixin services pmi slips, but stays firmly in expansion territory

A private gauge of China’s service sector declined in April but still stayed in expansion territory a...

May 5, 2023, 1:53 am

Pound us dollar (gbp/usd) rangebound as uk service sector growth climbs to 12-month high

The Pound US Dollar (GBP/USD) exchange rate trended sideways on Thursday. Evidence of strong performance in the UK services sector and Bank of England...

May 4, 2023, 11:59 am

U.s. services index indicates slightly faster growth in april

A report released by the Institute for Supply Management on Wednesday showed U.S. service sector activi...

May 3, 2023, 3:13 pm

April us s&p global final services pmi 53.6 vs 53.7 prelim

Prelim was 53.7Prior was 52.6Composite 53.4 vs 53.4 prelimPrior composite was 52.3 Services rate of expansion in new orders was the sharpest for almos...

May 3, 2023, 1:45 pm

Gold prices see small rise after u.s. ism services pmi holds steady at 51.9%

(Kitco News) - The gold market continues to look past healthy economic growth as prices maintain their recent gains above $2,000 an ounce, even as act...

May 3, 2023, 10:06 am

Dallas fed april service sector index -14.4 vs -18.0 prior

Revenue index 6.9 vs 5.5 priorEmployment 5.5 vs -0.4 priorSelling prices 16.1 vs 11.4 priorSix-months revenue index 26.0 vs 34.4 priorThe inflation nu...

April 25, 2023, 2:35 pm

Eurusd forecast: bullish short-term outlook amid mixed pmi data

Mixed French and German Flash PMI data has led to a complex outlook for the EURUSD currency pair, as manufacturing sectors underperform and ...

April 23, 2023, 5:11 am

Us dollar jumps as pmi data upends recession narrative

The recession narrative was flipped on its head today on a strong US PMI from S&P Global. The survey data is a forward-looking indicator and highlight...

April 21, 2023, 2:18 pm

Gold prices drop below $2,000 an ounce as u.s. flash pmi data rises more than expected in april

(Kitco News) - The gold market has been unable to hold support around $2,000 an ounce with stronger than expected manufacturing and ...

April 21, 2023, 9:51 am

Eur/usd remains listless despite improving euro area business activity

The latest Euro Area PMIs show business activity in the single block at an 11-month high, driven by an increasingly robust ...

April 21, 2023, 9:30 am

Australian pmis reveal divergence between manufacturing and services, rba rate hike likely in may

Australia’s April PMI Manufacturing has dropped to a 35-month low at 48.1, down from 49.1, while PMI Services jumped to a 10-month high of 52.6, up ...

April 21, 2023, 5:02 am

Usd/jpy forecast: dollar soars as fed rate hike bets rise

Markets are pricing an 86% chance that the Fed will lift rates by 25 basis points. Major Japanese manufacturers remained pessimistic in April. The out...

April 19, 2023, 10:33 am

Nz bnz services dropped to 54.4, but keeps its head above water

New Zealand’s service sector growth slowed down in March, with the BusinessNZ Performance of Services...

April 17, 2023, 4:47 am


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