The US manufacturing sector is showing impressive expansion. The latest data from the Philadelphia Fed Manufacturing Business Outlook Index jumped from -13.5 to +12.0 in August, against forecasts of -9.8. This is the first time Read more…
The US manufacturing sector is showing impressive expansion. The latest data from the Philadelphia Fed Manufacturing Business Outlook Index jumped from -13.5 to +12.0 in August, against forecasts of -9.8. This is the first time Read more…
Daily Pivots: (S1) 145.64; (P) 146.02; (R1) 146.74; More… Intraday bias in USD/JPY is turned neutral with current retreat and some consolidations could be seen. On the upside, sustained break of 61.8% projection of 129.62 Read more…
Daily Pivots: (S1) 145.64; (P) 146.02; (R1) 146.74; More… Intraday bias in USD/JPY is turned neutral with current retreat and some consolidations could be seen. On the upside, sustained break of 61.8% projection of 129.62 Read more…
US initial jobless claims dropped -11k to 239k in the week ending August 12, slightly below expectation of 240k. Four-week moving average of initial claims rose 3k to 234k. Continuing claims rose 32k to 1716k Read more…
Australian dollar spiked to the lowest since early November on Wednesday, hit by downbeat Australia’s labor data (employment fell by 14.6K in July after 31.6K increase in June and well below forecast for 15K increase, Read more…
Eurozone exports of goods rose 0.3% yoy to EUR 252.3B in June. Imports fell -17.7% yoy to EUR 229.3B. Trade balanced recorded a EUR 23B surplus. Intra-Eurozone trade fell -4.1% yoy to EUR 231.6B. In Read more…
Eurozone exports of goods rose 0.3% yoy to EUR 252.3B in June. Imports fell -17.7% yoy to EUR 229.3B. Trade balanced recorded a EUR 23B surplus. Intra-Eurozone trade fell -4.1% yoy to EUR 231.6B. In Read more…
Market picture Crypto market capitalisation fell a further 1.6% overnight to 1,137 trillion. A brief dip in the morning to 1,113 took the market to its lowest level in almost two months. Bitcoin is down Read more…
Daily Pivots: (S1) 158.82; (P) 159.04; (R1) 159.44; More…. Intraday bias in EUR/JPY stays on the upside at this point. Current up trend should target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 Read more…