Key findings: Softer declines in output and new orders Input stocks rise for the first time in nearly three years Prices back in inflation territory Comment: Commenting on the PMI data, Nils Müller, Junior Economist at Hamburg Commercial Bank, said: “Italy’s manufacturing sector showed tentative signs of stabilisation in July, with the HCOB PMI rising … Read more
At the time of this gold futures analysis, price is trading at $3,343.8. According to today’s tradeCompass, gold is currently inside the bullish zone, offering traders a clear directional bias for long trades. Unless price sustainably drops below the bearish threshold, the trade remains to the upside. tradeCompass Summary – August 1, 2025 Bullish above: … Read more
He remains defiant that he won’t be resigning but there was definitely intense pressure during the ruling party LDP’s post-election meeting for him to do so. For now, he stays on but this might just be the best deal that he can get for now unless he offers up more of a compromise. It’s tough … Read more
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
Goldman Sachs has laid out a clear reaction playbook for equity markets ahead of Friday’s U.S. nonfarm payrolls report, suggesting the S&P 500 is poised for moderate swings based on where the headline jobs figure lands. According to the bank’s estimates, a print around their baseline forecast of +100k jobs would be the market’s “neutral … Read more
Trump said that his administration’s newly imposed tariffs are progressing “very well, very smooth,” and signaled openness to further trade talks — including with Canada. Speaking to NBC News, Trump revealed he may speak with Canadian Prime Minister Mark Carney later in the evening. His remarks come just hours after signing an executive order that … Read more
Australia Q2 PPI more to come This article was written by Eamonn Sheridan at investinglive.com. fbs.mobi
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
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
Several alternative measures of U.S. inflation showed signs of firming in June, complicating the picture for Federal Reserve policymakers as they weigh the timing of potential interest rate cuts. The Dallas Fed’s trimmed mean PCE — which excludes the most extreme price movements each month to capture underlying inflation trends — rose at a 3.4% … Read more
