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Shows

Euro Area PMI Data Shows Robust Sector Growth Despite Manufacturing Slump, EUR/USD Flat

EURO AREA PMI KEY POINTS: Flash Eurozone Composite Output Index at 53.3 (April: 54.1). 3-Month Low. Flash Eurozone Services PMI Activity Index at 55.9 (April: 56.2). 2-Month Low. Flash Eurozone Manufacturing PMI at 44.6 (April: 45.8). 36-month low. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the …

Euro Area PMI Data Shows Robust Sector Growth Despite Manufacturing Slump, EUR/USD Flat Read More »

Dax 40 Explodes after US Inflation Shows Positive Signs of Easing

Dax 40, US Dollar Talking Points Dax 40 roars higher before stalling at 14173 S&P 500 explodes after a downward surprise in US CPI (October) spurred optimism US Dollar weakness and lower yields contribute to the bullish move in equities Recommended by Tammy Da Costa Get Your Free Top Trading Opportunities Forecast US CPI Report …

Dax 40 Explodes after US Inflation Shows Positive Signs of Easing Read More »

China Virus Curbs Weigh on WTI, but Chart Shows Chance for Breakout

Crude Oil, WTI, China, Inventory, Refinery Capacity, Technical Outlook – Talking Points Crude oil prices are under pressure as China increases lockdown measures as Covid spreads A surprise build in US stockpiles and the restarting of a major US refinery pose headwinds WTI prices extend drop from the 100-day SMA, but a triangle pattern offers …

China Virus Curbs Weigh on WTI, but Chart Shows Chance for Breakout Read More »

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