The UK service sector continued to expand steadily in February, with final PMI Services reading coming in at 53.9, only slightly below January’s 54.0. PMI Composite index was unchanged at 53.7, maintaining the 17-month high Read more…
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Eurozone business activity strengthened modestly in February, with services providing continued support to the region’s fragile recovery. The final PMI Services reading came in at 51.9, up from January’s 51.6. PMI Composite index was finalized Read more…
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Switzerland’s consumer prices rose more than expected in February, offering a modest sign of price pressure despite still subdued annual inflation. Data from the Federal Statistical Office showed CPI increased 0.6% mom, slightly above the Read more…
Markets European stock markets bit the dust yesterday, underperforming strongly vs US peers. The EuroStoxx50 tumbled 3.6% with some national indices doing even worse. Spain for example lost 4.6% over threats from president Trump to Read more…
Gold price extended losses below $5,100 before the bulls appeared. WTI Crude oil prices are rising and could climb further higher toward $80.00. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold Read more…
Key takeaways Risk-off persists despite US assurances: Markets remain defensive even after Trump pledged naval escorts and insurance guarantees for Hormuz-bound tankers. Asian equities slid sharply, while WTI crude climbed toward $76 and gold advanced, Read more…
The Middle East conflict is deepening. Energy facilities, embassies, airports and other civilian targets are being hit from both sides — the US/Israel and Iran. Energy and gas prices continue to move higher. Bonds and Read more…
In focus today In the euro area, we will receive the January unemployment data and the final February PMIs. We expect the unemployment rate to remain at 6.2% due to continued employment increases in Southern Read more…