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Markets

US ADP job market data lower than expected – US100 reacts
U.S. ADP private payrolls increased by 98,000 jobs in June, missing market expectations of 120,000 and down from the previous…
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Economics

ISM – Decline in U.S. Manufacturing
U.S. ISM Manufacturing (June) ISM Index: 53.3 (Expected: 54; Previous: 54) ISM – Manufacturing Employment: 49.7 (Previous: 48.6) ISM –…
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Markets

Trade of The Day – US500
Facts: The market is currently pricing in a 49% probability of a rate hike in September . Major investment banks…
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Markets

The defense industry is recouping losses – is this a trend change?
European and U.S. defense companies are reporting further orders that point to sustained demand for military equipment. After many months…
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Soft Commodities

Cocoa prices are rising again. Will chocolate become even more expensive?
Key takeaways ICE cocoa futures have climbed back above $5,000 per tonne, nearly doubling from their late-February lows as investors…
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Markets

Chart of The Day – Gold Below Psychological $4,000 Level as Rate Hike Fears Deepen
Gold has slipped back below the psychological barrier of $4,000 per ounce, remaining trapped at 8-month lows. The precious metal…
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Markets

Defence stocks rebound, European indices hover at all-time high – Rheinmetall gains 4%
European equities opened Wednesday’s session without a clear direction after the STOXX Europe 600 closed at a fresh all-time high…
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Markets

Nike Slides After Earnings – Shares Hit a 12-Year Low
Key takeaways Nike warns of a longer turnaround as weak China demand overshadows earnings beat The company reported revenue of…
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Economics

Eurozone Manufacturing PMI: EURUSD ticks up on production growth and easing inflationary pressures
The eurozone manufacturing sector showcased encouraging resilience at the close of the first half of the year. While the headline…
Read More » Bitcoin Slides to Nearly 2-Year Low
Bitcoin dropped to as low as $57,700 in early July, hitting its lowest level since September 2024, leaving it down…
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