Equities nudge lower in European morning trade

Stocks are starting to run into trouble on the day now. S&P 500 futures are down 0.4% with tech shares leading the declines as Nasdaq futures are down 0.6%. In Europe, the more sluggish week is also starting to turn bad with both the DAX and CAC 40 indices down 0.6% currently. There’s no fresh … Read more

Foti Markets: Redefining Trading Performance

In the fast-moving world of online trading, the choice of broker can define a trader’s success. Foti Markets is emerging as a trusted name, delivering a trading environment built on trust, performance, and unwavering support. The company’s philosophy is simple: provide the essential tools and conditions that traders and Introducing Brokers (IBs) need to succeed. … Read more

France August preliminary CPI +0.9% vs +1.0% y/y expected

Prior +1.0% HICP +0.8% vs +0.9% y/y expected Prior +0.9% The monthly headline figure does show that consumer prices are seen up another 0.4%, up for three straight months now. But the headline annual estimate is seen moderating a little with services inflation in particular easing to 2.1% from 2.5% in July. This article was … Read more

Heads up: Germany states’ CPI readings due later today

In July, we saw headline annual inflation stick at 2.0% at the national level while core annual inflation was at 2.7%. The latter continues to be a sticking point for the ECB, with Europe’s largest economy still unable to observe a meaningful drop in price pressures. That is keeping the central bank guarded with no … Read more

China stocks: Goldman Sachs raised its 12-month CSI 300 Index target to 4,900 from 4,500

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more

Australian Private sector credit (July 2025) +0.7% m/m (expected +0.6%)

Australian Private sector credit (July 2025) +0.7% m/m expected +0.6%, prior +0.6% higher than expected for a nice beat all three main measures higher (see pic of table below) +7.2% y/y – Private sector credit data from the Reserve Bank of Australia (RBA) is closely watched because it provides an early read on borrowing trends … Read more

PBOC is expected to set the USD/CNY reference rate at 7.1274 – Reuters modelled estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate … Read more