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Rate expectations pared back as pmis point to recession

European stocks have given back the bulk of their gains this morning as flash PMI data points to a possible recession over the remainder of the year. ...

August 23, 2023, 1:44 pm

Eur/usd forecast: bulls give up, 1.0700 at sight

The EUR/USD pair trades at its lowest since mid-June as the Euro got hit by dismal local data. S&P Global released the preliminary estimates of the Au...

August 23, 2023, 1:14 pm

Aud/usd analysis: bulls seem non-committed, us pmis eyed for some impetus ahead of jackson hole

AUD/USD struggles to capitalize on its intraday move up despite a modest USD downtick. China’s economic woes and rather unimpressive Australian ...

August 23, 2023, 7:14 am

Japan kicks off pmi day on a strong note

Market movers today Today we get preliminary August flash PMI’s for France, Germany and the total euro area, as well as for the UK and the US. In Ju...

August 23, 2023, 6:53 am

Gold price forecast: xau/usd stands firmer above $1,900 mark on softer us dollar

Eyes global pmis for some impetus ahead of the Jackson Hole Symposium. Read Full Story at source (may r...

August 23, 2023, 6:44 am

Euro under pressure ahead of pmis from ez, uk and us

Euro faces headwinds this week, emerging as one of the more subdued performers, with all eyes set on today’s Eurozone PMI data. Its trajectory, when...

August 23, 2023, 6:05 am

Asia equities mixed – cn supports yuan again with intervention and strong fix

Asia market update: JP & AU Mfg pmis stay in contraction; Asia equities mixed; CN supports Yuan again w...

August 23, 2023, 5:59 am

Usd/chf price analysis: stays pressured near 0.8800 within immediate triangle, us pmi eyed

USD/CHF fades bounce off 100-SMA as traders await US S&P Global pmis for August. Fortnight-old ascendin...

August 23, 2023, 5:44 am

Gbp/usd price analysis: trades above 23.6% fibo at 1.2740, caution ahead of uk pmis

GBP/USD experiences strength due to the possibility of interest rate hikes by the BoE. Read Full Story at source (may require registration) The post G...

August 23, 2023, 4:59 am

Forexlive asia-pacific fx news wrap: aud, nzd, cad catch a small bid

Higher AUD/USD on the session - rising iron ore price in China a tailwindThere are rumours that some Chinese banks are freezing some savings accounts ...

August 23, 2023, 2:52 am

Gbp/usd holds steady below mid-1.2700s, eyes uk/us pmis for some impetus

The GBP/USD pair struggles to gain any meaningful traction and oscillates in a narrow trading band, below mid-1.2700s through the Asian session on Wed...

August 23, 2023, 2:14 am

Japan jibun preliminary august pmis: manufacturing 49.7 (prior 49.6) services 54.3 (53.8)

Manufacturing 49.7, an improvement but still in contractionprior 49.6Services 54.3, improved from July and a strong resultprior 53.8Composite 52.6prio...

August 23, 2023, 12:34 am

Hang seng index, asx 200, nikkei 225 index: navigating pmis and us bank downgrades

Private Sector pmis set the stage, influencing forecasts and molding investor sentiment ahead of the Ja...

August 22, 2023, 11:30 pm

Manufacturing & services australian preliminary pmis for august remain in contraction

Judo Bank / S&P Global flash pmis for Australia in August 2023 are both poor. Manufacturing and Service...

August 22, 2023, 11:23 pm

Usd/jpy forecast: price sways amid economic forecasts and central bank sentiments

As Japanese Yen pmis unfold, shifts in the Bank of Japan’s policy loom, directing USD/JPY trends. The...

August 22, 2023, 11:00 pm

Usd/jpy closes below 146.00; jpy still vulnerable

USD/JPY closed near the 145.80 area as bulls showed signs of exhaustion. US and Japan’s pmis from Aug...

August 22, 2023, 10:44 pm

Aud to usd forecast: australian dollar rises, but pmis could change the tide

Economists watch as the Aussie hinges on PMI results; a deeper contraction could signal RBA’s reluctance for rate hikes. The post AUD to USD Forecas...

August 22, 2023, 10:00 pm

Global flash august pmis and market sentiment shift

Market risk sentiment has been really sensitive lately. The normal drift higher during summer dynamics has been interrupted by a series of bad news. S...

August 22, 2023, 8:38 am

Play of the day: eur/gbp resistance levels ahead of pmis

Both the euro zone and the U.K. economy are gearing up to print their pmis soon. Can EUR/GBP bounce off...

August 22, 2023, 7:18 am

Bundesbank inflation worries despite declining producer prices

Market movers today On the data side, we get July existing home sales data for the US today. The housing market has largely defied rising interest rat...

August 22, 2023, 5:34 am


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