PMI

The latest business surveys, measuring activity in the manufacturing and services sector for the eurozone painted a mixed picture. The overall outlook, however, was one that gave hope of a revival in growth for the region. Last…
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The Eurozone’s economy got off to a sluggish start in 2019. Latest forward-looking indicators showed as some of the Eurozone’s major economies have seen stagnating growth. Italy, Europe’s third-largest economy showed little signs of…
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The markets wake up to a new trading day of the year with the holiday season behind. Economic data picks up pace covering the latest for the month of December. In the early Asian session today, China's Caixin manufacturing PMI showed…
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The markets head into a busy week with a lot of incoming data covering the month of December. It is particularly busy for the USD where the week ahead will see economic reports covering the labor market and business activity as measured by…
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Once again the release of Eurozone Inflation data comes out along with other price-sensitive data, so we could be looking at some market volatility at 06:00 EST (12:00 CET). The other data to be released is the October Balance of Trade for…
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06:00 EST (12:00 CET) looks to be rather busy for the EURUSD with two important bits of data being released at the same time: November EZ consumer price index and October final unemployment rate. Each on their own could move the market, so…
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On Friday, November 23rd we have the release of Markit PMI for the Eurozone, which by itself can move the market. However, given the lackluster performance of equities in Europe recently, with the Stoxx 600 hitting a two-year low on…
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ukThe UK's economic activity as measured by the manufacturing, construction and services sector showed that businesses were struggling to hire. Based on the monthly reports, the UK's economy was seen to be on track to post a 0.4% quarterly…
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Business activity in the private sector was seen picking up steam last month, official data showed and the pace of solid growth continued. However, the global trade war uncertainty was seen keeping optimism in check and further indicating…
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Daily Forex Market Preview, 24/08/2018 The U.S. dollar was seen recovering from the losses on Thursday. The reversal came following the release of the FOMC meeting minutes. Economic data on the day showed that the ECB officials were…
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