Key Economic Events for Today
Today's economic agenda includes final services PMIs for major Eurozone economies and the UK, alongside US labor market indicators. Market reactions are expect…
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Final services PMI for July stands at 51.7, up from a preliminary 51.6, marking a five-month high. The composite PMI reached 52.0, indicating a broad-based recovery in euro area business activity as inflation pressures ease.
Read storyToday's economic agenda includes final services PMIs for major Eurozone economies and the UK, alongside US labor market indicators. Market reactions are expect…
The AUD/USD currency pair is experiencing upward momentum following a recent dip, driven by a combination of softer inflation data, USD/JPY intervention, and a…
HSBC continues to favor US equities, citing resilient economic growth and a strong AI narrative, while interpreting recent declines in semiconductor stocks as…
The S&P Global Manufacturing PMI for July remained at 53.9, indicating ongoing but slowing expansion in the manufacturing sector. Key indicators such as output…
Oil prices have dropped approximately 6% while U.S. stock futures are up around 0.5% following President Trump's comments regarding a potential deal in the Hor…
The S&P Global Australia Manufacturing Purchasing Managers' Index (PMI) rose to 52.0 in July, indicating a return to growth in production and new orders for th…
The final manufacturing PMI for July in the Euro area registered at 51.9, slightly below the preliminary estimate of 52.0 but up from 51.4 in June. While manuf…
The Euro area manufacturing sector recorded a final PMI of 51.9 in July, slightly below preliminary estimates, yet marking a three-month high. Despite this upt…
The upcoming week features significant economic data releases, including manufacturing PMIs, U.S. job openings, and labor market reports from both the U.S. and…
French manufacturing activity showed signs of contraction in July, with the final Manufacturing PMI coming in at 49.8, down from a preliminary reading of 50.0…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
SpaceX's shares have dropped sharply since their initial public offering, reflecting a combination of structural and operational pressures. The upcoming releas…
China's manufacturing Purchasing Managers' Index (PMI) for July registered at 49.2, below the expected 50.0 and down from the previous month's 50.3, signaling…
Following a week dominated by major tech earnings, the upcoming calendar features reports from various sectors including industrials, healthcare, and consumer…
The Bank of Japan (BOJ) kept interest rates unchanged, while mixed economic indicators emerged from China and Australia. The USD/JPY pair saw volatility as Jap…
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
European equities ended the week on a positive note, with most major indices posting modest gains. The FTSE MIB led the region, while the UK's FTSE 100 was the…
Federal Reserve official Paulson expresses a strong stance on the necessity to combat inflation, citing a range of 2.4-2.8% for underlying inflation. He acknow…
Situational Awareness LP, founded by former OpenAI researcher Leopold Aschenbrenner, has experienced a dramatic decline in its portfolio value following a shar…
The US dollar is trading lower against major currencies, particularly the Japanese yen, Australian dollar, and New Zealand dollar, following the Federal Reserv…