The Chinese Purchasing Managers’ Index, published this morning, shows a slight improvement, though it remains at a low level. Although the manufacturing sector index rose…
Gold price attracts fresh sellers on Monday as the Fed’s hawkish stance underpins the USD. Escalating geopolitical tensions in the Middle East could offer support…
The Euro (EUR) is entering Wednesday’s NA session unchanged against the US Dollar (USD), quietly consolidating in a tight range just below 1.14, Scotiabank’s Chief…
Trade war escalation still visible in Caixin’s manufacturing PMI. It’s a reminder of much higher US import tariffs despite Geneva-truce. Official composite PMI picks up…
The Euro was hit by weaker-than-expected EU PMIs, despite cautious optimism from ECB officials. US PMIs beat expectations, reinforcing economic resilience and lifting the Greenback.…
EUR/USD slips to near 1.1310 as the flash Eurozone PMI data surprisingly contracted in May. US President Trump warns that Russia could avoid ending the…
China’s April manufacturing PMIs clearly hit by US-China trade war. Official non-manufacturing PMI and composite PMI also came down. Concrete signs of export shock make…
NZD/USD lacks any firm intraday direction amid a combination of diverging forces. A positive risk tone supports the Kiwi, though a modest USD uptick caps…
Next week, China will release its official PMIs, which, unlike in other countries, are always released on the last day of the month rather than…
The eurozone composite PMI for March moved further into expansionary territory at 50.4 up from 50.2 in February. In the final month of Q1 eurozone…