US PMI to reveal mild slowdown in August as Manufacturing stays in contraction zone
The S&P Global flash PMIs for August are expected to show a modest downtick from July levels. Market…
German Factory Orders drop 1% MoM in June vs. +1% expected
Germany’s Factory Orders unexpectedly dropped in June, suggesting that the country’s manufacturing sector downturn extended, according to the…
EUR/USD is on its back foot with investors awaiting US jobs, consumer confidence data
The Euro depreciates for the fifth consecutive day, hammered by the US-EU trade deal. EU member countries complain…
EUR/USD rises to near 1.1700 due to Trump’s tariff threats on European Union
EUR/USD gains ground as the US Dollar declines due to rising global trade tensions. Trump announced that a…
A back-to-back rate cut by the RBA is priced in
As investors remained wary over trade tensions following President Trump’s announcement of tariffs on Japan and South Korea,…
EUR/USD climbs despite weak EU PMIs, Middle East conflict dominates sentiment
Euro shrugs off poor HCOB PMIs; German data slightly improves but stays in contraction. Iran strikes US base…
German Industrial Production declines 1.4% MoM in April vs. -1% expected
Germany’s industrial sector activity fell more than expected in April, according to the latest data published by Destatis…
US GDP, employment data and Fedspeak next on tap
The US Dollar (USD) maintained its bullish bias unchanged for the second day in a row on Wednesday…
There are signs US could be interested in deal with EU
German Chancellor Friedrich Merz said on Wednesday that there are signs that the United States (US) could be…
German Industrial Production jumps 3% MoM in March vs. 0.8% expected
Germany’s industrial sector activity increased more than expected in March, according to the latest data published by Destatis…