S&P Global US services PMI 49.2 vs 45.0 expected
Prior was 43.7 Manufacturing 51.8 vs 51.1 expected Prior manufacturing 51.5 Composite 49.3 vs 44.6 prior Is this a situation where good news is bad news? The Fed wants to see…
Prior was 43.7 Manufacturing 51.8 vs 51.1 expected Prior manufacturing 51.5 Composite 49.3 vs 44.6 prior Is this a situation where good news is bad news? The Fed wants to see…
The USDCAD is trading to a new cycle high and that takes the pair to the highest level since July 2020. The price high is trading at a new high of 1.3572.…
The drop in quotas for energy saving certificates (EEC) has led, in 2021, to a reduction in aid for energy renovation work. Measures are announced to relaunch the system. Three decreases…
The biotech company Evotec is further expanding its biologics activities: At the French site in Toulouse, construction work on a large J.POD biologics plant has now officially started. This will be…
The BTC/USD has fallen a bit during the trading session on Thursday as we continue to flirt with the $20,000 level and try to figure out where we are going next. Ultimately,…
The USDCHF has chopped higher in trading today. The pair started the day near a swing area at 0.9591 to 0.9606 after breaking back above the 100 hour MA yesterday and closing…
USD/CAD trades sideways at 1.3160 but I see further upside potential.Trading Recommendation:Due to the symmetrical triangle formed and strong growth in the background, I see further upside potential.Watch for bearish…
GDP analysis shows that the main driver of growth is private consumption, which confirms to us that in the second quarter, the reopening effect was in full force. Unfortunately, this…
This is a market that looks like it’s ready to continue the overall downturn, but keep in mind that even in the worst bear markets, there will be the occasional…
At this point, I think short-term rallies will continue to get sold into because the market is likely to continue seeing a lot of negativity, but we also have to…