UK July final manufacturing PMI 48.0 vs 48.2 prelim
Prior 47.7 Key findings: Employment falls at faster rate Input cost and selling price inflation hold broadly steady Comment: Rob Dobson, Director at S&P Global Market Intelligence “The UK manufacturing…
Read More »AUD/USD can potentially break below 0.6405 – UOB Group
Strong momentum is likely to lead to further weakness; oversold conditions suggest Australian Dollar (AUD) may not reach 0.6405.
Read More »Economic calendar in Asia Thursday, July 31, 2025 – BoJ interest rate decision, China PMIs
The official PMIs from China are due today. In the days ahead we’ll get the unofficial, Caixin/S&P PMIs. The two PMIs are quite different. If you are unfamiliar with this,…
Read More »US GDP Advanced Q2 3.0% versus 2.4% estimate
Prior quarter -0.5% GDP 3.0% versus 2.4% estimate. GDP sales 6.3% much stronger than the 2.5% estimate. Last quarter -3.1% GDP consumer spending 1.4% versus 0.5% last quarter Core PCE…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1891 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Mexico Trade Balance, $: $0.514B (June) vs previous $1.029B
Mexico Trade Balance, $: $0.514B (June) vs previous $1.029B
Read More »Euro turns lower as traders digest US-EU trade deal
Is the early optimism starting to wear off? There’s certainly signs to support that argument. The US and EU might have agreed to avoid a worst case scenario for both…
Read More »EUR/USD ends week nearly 1% higher as trade optimism offsets weak US data
The EUR/USD finished the week up by nearly 1% on Friday, yet ended the daily session flat, following economic data from the United States (US) that was worse than expected,…
Read More »Ethereum gears up for another test of the $4,000 mark
Fancy a break, mate? Amid the latest optimistic headlines on the trade front, cryptocurrencies are starting to come up again after a bit of a setback in the middle of…
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