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European Open: The DAX hits a 20-month low, ISM services in focus
The DAX is against the ropes on recession fears, ahead of several key data points from Germany, Europe and the US today.
Another US business sentiment report flashes red ahead of the ISM
The Texas Fed Business Outlook Survey is the latest regional report for the US to send warning signals for the US economy.
ISM Manufacturing inflation component much hotter than expected
Because the inflation component of ISM was higher than December's reading, the Fed will have to search for lower inflation elsewhere.
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Asian Open: Wall Street Places Earnings over Bottlenecks, RBA up Next
Earnings continued to exceed expectations and propelled indices to new record highs, despite supply chain issues weighing on US productivity.
European Open: GBP Breaks its 200-day eMA, ISM Manufacturing in Focus
GBP/USD closed beneath its 200-day eMA on Friday, and today’s ISM manufacturing data could be the difference between recovering back above it or extending its decline.
Asian Open: Strong data sends Wall Street soaring
An exceptional start to the month for US economic data has seen trader’s price in the first rate-hike in 2022, send equities soaring and weigh on the US dollar.
Precious metals shining brightly
Gold and silver have extended their gains made on the back of the weaker-than-expected US employment report on Friday. The dollar-denominated commodities have obviously found […]
Gold surges above $1250 as dollar falls
Employment at the largest sector of the world’s largest economy has shrunk. That’s according to the employment component of the ISM Services PMI that was […]
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