Financial News
- Vladimir Zernov
U.S. dollar moved higher as traders reacted to the better-than-expected report.
- Vladimir Zernov
S&P Global Manufacturing PMI increased to 49.7 in November, beating analyst expectations.
- Bob Mason
Caixin PMI reveals China’s domestic demand surge; new orders hit 3.5-year highs amid stimulus-fueled economic growth.
- James Hyerczyk
Eurozone inflation rises to 2.3% in November, driven by services and easing energy deflation. How will this impact ECB policy and EUR/USD trends?
- Bob Mason
German retail sales drop 1.5% in October, deepening recession fears as weak consumer spending challenges economic recovery.
- James Hyerczyk
Germany’s CPI rose 2.2% YoY in November but fell 0.2% MoM. HCPI signals slowing growth, pressuring the Euro as ECB rate hike urgency wanes.
- Vladimir Zernov
Natural gas prices remain under pressure as traders react to the EIA report.
- Vladimir Zernov
Gasoline inventories increased by 3.3 million barrels from the previous week.
- James Hyerczyk
Core PCE inflation rises to 2.8% annually as income gains outpace spending. Fed caution persists amid sticky service prices.
- James Hyerczyk
Durable goods orders rebound 0.2% in October, led by transportation gains, while GDP growth holds steady at 2.8%. Can the U.S. economy sustain its momentum?
- Bob Mason
The GfK Consumer Climate Indicator plunges, signaling rising concerns over jobs, spending, and recession risks.
- Vladimir Zernov
Markets are calm after the release of FOMC Minutes.
- Vladimir Zernov
The report showed that consumers were substantially more optimistic about future job availability.
- James Hyerczyk
Composite-20 HPI rises 4.6% y/y in September, slowing from 5.2% in August. Monthly declines highlight affordability challenges and market pressures.
- Vladimir Zernov
The future production index increased to a three-year high.
- Vladimir Zernov
Year-ahead inflation expectations decreased from 2.7% in October to 2.6% in November.
- Vladimir Zernov
The economic growth remains heavily reliant on the services sector.
- James Hyerczyk
UK PMI falls below 50, signaling economic contraction. Rising costs, job cuts, and weak demand weigh on growth, with confidence at its lowest since 2022.
- James Hyerczyk
Eurozone PMI drops to 48.1 in November, with services and manufacturing both contracting. Falling demand and weak confidence signal tougher times ahead.
- James Hyerczyk
Services in Germany face contraction for the first time since February as PMI drops to 49.4. Traders eye shrinking demand and rising uncertainty.
