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Markit PMI composite index for November 57.2 versus 56.5 preliminary

Markit PMI composite index for November 57.2 versus 56.5 preliminary

Preliminary estimate came in at 56.5. Services index comes in at 58.0 up from 57.0 in the flash estimate – Markit PMI composite 57.2 versus...
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U.S. Treasury currency report says no major trading partners manipulated exchange rates

U.S. Treasury currency report says no major trading partners manipulated exchange rates

U.S. Treasury currency report The U.S. Treasury currency report is out saying that: The USDCHF moved lower on the back of the headline jobs ...
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GBPUSD briefly breaks the higher 100 hour MA but backs off

GBPUSD briefly breaks the higher 100 hour MA but backs off

GBPUSD remains below its 100/200 hour MAs this week The GBPUSD as traded up and down most of the trading week. The swing highs how...
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Eurozone November final services PMI 55.9 vs 56.6 prelim

Eurozone November final services PMI 55.9 vs 56.6 prelim

Latest data released by Markit – 3 December 2021 here Services activity held up modestly but with virus fears returning, that could dampen senti...
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Oil keeps a modest bounce after OPEC+ decision to rollover existing output policy

Oil keeps a modest bounce after OPEC+ decision to rollover existing output policy

WTI crude up nearly 3% on the day to $68.50 at the moment It seems like the old "buy the rumour, sell the fact" play (opposite side thi...
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Preview – Goldman Sachs on the November Nonfarm Payroll

Preview – Goldman Sachs on the November Nonfarm Payroll

Snippet via GS on what they expect from the November NFP (due 1330 GMT on Friday 03 December 2021) – Big Data employment indicators were mixed i...
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November US Nonfarm Payroll report due Friday 03 December 2021 – what to expect

November US Nonfarm Payroll report due Friday 03 December 2021 – what to expect

The US NFP labour market report is due at 1330 GMT. Its expected to show continued gains for jobs. Consensus is for the headline job gains at +550k (p...
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S&P and Dow erase yesterday’s losses.

S&P and Dow erase yesterday’s losses.

Dow, S&P and NASDAQ snap a two day losing streak The final numbers are showing:...
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EURUSD stays below the 100 hour MA but can’t get below the swing area

EURUSD stays below the 100 hour MA but can’t get below the swing area

100 hour MA at 1.1311 With the US employment report out tomorrow morning, the EURUSD rotated back below the 100 hour MA at 1.1311. The price moved bel...
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