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Share: S&P 500 still trades below July 27 range high of 4,607. Arm files for largest IPO in years, valuation leaked at over $50 billion. US...
Share: NIO loses ground Tuesday on weak Chinese services data. NASDAQ Composite caves 0.5% at start of week. Hang Seng falls more than 2% on Tuesday....
Share: UOB Group’s Senior Economist Alvin Liew and Associate Economist Jester Koh comment on the publication of the PMI results in Singapore. Key Takeaways Singapore’s manufacturing...
Share: Economists at ABN Amro note that China’s Manufacturing PMIs improved in August, narrowing the gap between services and manufacturing. Key quotes “China’s PMIs for August published...
Share: China’s Services Purchasing Managers’ Index (PMI) fell sharply to 51.8 in August, as against an expansion of 54.1 seen in July, according to the latest...
Share: Silver price corrects further as the US Dollar remains firm due to stable job growth. Fed Mester that demand and supply in the labor market...
Share: EUR/USD holds lower grounds after seven-week losing streak that broke a key technical support. Mostly upbeat US jobs report underpin US Dollar strength despite mixed...
Share: The Pound Sterling (GBP) slumped late in the New York session versus the Greenback (USD) as US Treasury bond yields rose and bolstered the USD, which is...
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Share: ISM Manufacturing PMI recovered in August but remained below 50. US Dollar Index clings to small daily gains above 103.50. The economic activity in the...
Share: AUD/USD remains depressed at YTD low after five-week losing streak. Weekend news from China pauses further downside of Aussie pair ahead of top-tier data/events. PBoC...
Share: GBP/USD remains sidelined after snapping four-week downtrend. UK Rightmove House Price Index, employment survey from Adjuna prods Cable buyers. Hawkish BoE concerns allowed Pound Sterling...
Share: AUD/USD stays defensive while keeping three-day rebound from yearly low. Australia’s S&P Global PMIs for August came in softer but headlines suggesting improvement in US-China...
Share: USD/MXN stays pressured at the lowest level in three weeks while taking offers to 16.90 amid early Wednesday. In doing so, the Mexican Peso (MXN)...
Share: EUR/USD recovers from 10-week low while consolidating the biggest daily loss in a month. Sharp bound in Eurozone Current Account joins cautious optimism to trigger...
Share: USD/JPY remains depressed at intraday low, down for the second consecutive day. US Treasury bond yields, JGB coupons fade previous strength amid cautious optimism. Upbeat...
Share: NZD/USD pierces 10-DMA hurdle amid nearly oversold RSI, ignores mixed NZ Retail Sales details. Kiwi bulls need to cross 0.5980-85 resistance region to retake control....
Share: Gold Price braces for the first weekly gain in five despite positing mild daily gains of late. Cautious optimism joins positioning for PMI data to...
Share: USD/JPY adds to overnight losses and continues drifting lower for the second straight day. Intervention fears and looming recession risks boost the safe-haven JPY and...
Share: AUD/USD jumps the most in August after yields slump, sentiment improves ahead of more US data, Jackson Hole event. Overall downbeat PMIs renew policy pivot...