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Australian PMI Data Not Much Better

Australia's manufacturing industry has been in decline for six consecutive months, a situation which is still ongoing. The manufacturing PMI declined slightly from 49.6...

Market Update – June 7 – Stocks at 2023 Highs, Weak Chinese Data ...

The USDIndex rotates around 104.00 holding its positive bias, emerging market currencies weaker (USDTRY at record high 22.7200) Stocks closed positively with US500 at...

Market Update – June 6 – RBA Surprises, Binance Charged, Crypto & USD Weaker

The USDIndex sinks below  104.00 following weaker ISM Services PMI's Stocks were mixed, Asia traded mixed following the subdued US handover and weak data, the...

Market Update – May 8 – Sentiment Firming; A Cooler USD & Rising Stocks

The USD continues under pressure (USDIndex 100.88) after a monumental week saw the FED & ECB's 25 bp hikes (could it be the last...

AUDUSD: Falls after RBA decision

Overnight, the final value of the Markit manufacturing PMI in the United States recorded 49.2 in March, slightly lower than market expectations and the...

Market Update – March 28 – Calmer Markets & Weaker USD

Banking stocks rose across the spectrum yesterday into the Asian and European sessions, easing worries over illiquidity and any further bank runs, for now....

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