Germany PMI Manufacturing dropped from 58.4 to 57.6 in March, above expectation of 55.9. PMI Services dropped from 55.8 to 55.0, above expectation of 54.3. PMI Composite dropped from 55.6 to 54.6. Phil Smith, Economics Read more…
SNB keeps sight deposit rate unchanged at -0.75% as widely expected. It reiterated that is is “willing to intervene in the foreign exchange market as necessary, in order to counter upward pressure on the Swiss Read more…
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I'm happy to announce that we have released Visit. This tool can display the response of any URL. Think of it as curl for humans. By default, the output will be colourized, and the response code and time will be displayed after the response.
JSON responses will be colourized by default as well.
And there's integration with Laravel: it can log in any user, report the numbers of queries used to build up the response, and more.
I'd like to tell you all about it in this blog post.
The SNB is retaining its expansionary monetary policy. It is keeping the SNB policy rate and interest on sight deposits at the SNB at −0.75% and is willing to intervene in the foreign exchange market Read more…
France PMI Manufacturing dropped from 57.2 to 54.8 in March, below expectation of 55.1. That’s also a 5-month low. PMI Services rose from 55.4 to 57.4, above expectation of 55.2, a 4-month high. PMI Composite Read more…
USDCAD closed marginally below the ascending trendline, which has been navigating the market since the plunge to a 3½-year low of 1.2006 in June 2021. While the RSI has dipped further in the bearish area, and Read more…
WTI crude oil futures has gained this week again, and it managed to hold above the 20- and 40-day simple moving averages (SMAs) and re-enter the area above 100.00. The technical indicators are feeding prospects Read more…
EUR/USD The sell-off was limited to the support level at 1.0974 and the common European currency recovered part of its losses. However, the market sentiments remain negative and the bears would most probably try to Read more…
Markets Yesterday, markets (temporarily?) returned to a ‘classic’ risk-off script, with equities declining and bonds rebounding. We see the move meanly as a technical correction. The bond market sell-off apparently was ripe for a pause Read more…
The US dollar retreated slightly after relatively weak new home sales data from the country. Data showed that new home sales declined from 788k in January to 772k in February. These numbers were weaker than Read more…