The euro is steady on Thursday. In the European session, EUR/USD is trading at 1.1136 at the time of writing, down 0.11% on the day. Eurozone services accelerates, manufacturing dips down There was mixed news Read more…
Microsoft shares edged higher in early Thursday trading following the tech giant’s move to streamline its quarterly reporting and a bullish note on the group’s cloud prospects from a top Wall Street analyst. Microsoft (MSFT) Read more…
Check back for updates throughout the trading day U.S. equity futures nudged higher in early Thursday trading, while Treasury bond yields held steady, as investors extended bets on autumn Federal Reserve rate cuts following dovish Read more…
JP 225 index reclaims August’s loss Short-term risk is on the positive side Will the bulls breach the 38,600-39,950 area too? Japan’s 225 stock index (cash) is trading with soft positive momentum on Thursday for the second Read more…
Market picture The crypto market gained 1.7% in the last 24 hours to reach $2.14 trillion, continuing to test August’s resistance. Bitcoin rose 2.6%, while Ethereum gained 1.2%. The battle for a 10th position in Read more…
WTI futures drop to their lowest level since January 17 Momentum indicators are heavily tilted to bearish side WTI oil futures (October delivery) have been in a steady retreat following their rejection at the 200-day simple moving average (SMA) Read more…
UK’s PMI data for August showed positive momentum across both the manufacturing and services sectors. PMI Manufacturing edged up from 52.1 to 52.5, surpassing expectations of 52.2 and marking a 26-month high. PMI Services also Read more…
Eurozone PMI Manufacturing fell slightly from 45.8 to 45.6 in August, an 8-month low and below expectations of 46.1. In contrast, PMI Services showed a strong performance, rising from 51.9 to 53.3, surpassing the expected Read more…
The thing about economic reports from government agencies — local, state and, especially. federal — is that the first publication of the data is basically a first draft. It will get revised again and again and Read more…
Germany’s PMI data for August paints a bleak picture, with both the manufacturing and services sectors underperforming. PMI Manufacturing dropped from 43.2 to 42.1, falling short of the expected 43.5. PMI Services also declined, falling Read more…