Market movers today Today we get US ISM manufacturing PMI. Consensus sees a decline to index 50 after the weaker than expected Markit PMIs last week. We also get PMIs out of Sweden and Norway and in Denmark it is Election Day, see more below. The 60 second overview Double-digit inflation: Euro area HICP inflation […]
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EUR/CHF dived sharply to as low as 0.9204 last week after breaking out of consolidations. But it rebounded strongly after brief breach of 0.9209 low. Initial bias is turned neutral again this week. Some more Read more…
Euro stole the limelight last week with a steep selloff triggered by poor activity data. This downturn has intensified the pressing need for the ECB to ease monetary policy swiftly back to neutral levels. While Read more…
Despite offering only one EV in its U.S. lineup, Japanese mobility giant Honda spent 2024 beefing up its poker hand and amping up its electric game. During the Consumer Electronics Show in Las Vegas in Read more…