Economics
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Lower Than Expected UK PMI Data Sees The GBPUSD Move Lower
08:30 AM GMT, United Kingdom – PMI Data for April: S&P Global Composite PMI (flash): actual 48.2 vs forecast 50.4; previous 51.5; S&P Global…
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Mixed Eurozone PMI Data While Manufacturing Improves
08:00 AM GMT, Euro Zone – PMI Data for April: HCOB Eurozone Manufacturing PMI: actual 48.7; forecast 47.4; previous 48.6; HCOB Eurozone Composite PMI:…
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A Muted EUR/USD After Lower German PMI Data
07:30 AM GMT, Germany – PMI Data for April: HCOB Germany Services PMI: actual 48.8; forecast 50.3; previous 50.9; HCOB Germany Manufacturing PMI: actual…
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Economic Calendar – PMI Data in Focus
Today, the most important reports scheduled in the calendar will be the preliminary PMI reports for April. However, it’s also…
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Tesla Q1 Results – 71% Drop in Net Profit YoY
Revenue: USD 19.3 bn, ‑9 % YoY (driven mainly by lower Model Y volume and ongoing price incentives) Earnings per share (GAAP): USD 0.12 (‑71 % YoY); earnings per…
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Canadian RMPI Much Lower Than Expected
Canadian RMPI (Raw Materials Price Index) declined by -1% MoM vs 0.1% exp. and 0.3% exp. (4.7% YoY vs 4.9%…
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USD/SEK Re-Tests 3 Year Lows After Strong Swedish Unemployment Report
The USDSEK pair continues its downward momentum after data from Sweden for March (seasonally adjusted) unexpectedly showed a low unemployment…
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Economic Calendar – Tesla’s Quarterly Results Plus Fed And ECB Banker’s Speeches
European index futures point to lower opening of today’s cash session in Europe Currency and commodity markets point to further…
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Bullish EUR/USD as Trump Rattles The Dollar With Threat to Remove Fed Chair Powell
The euro is surging strongly today against the U.S. dollar (USDIDX), which is falling below 98—reaching levels not seen since…
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Economic Calendar – Good Friday Holiday Impacts Markets
With global markets largely closed for the holiday, reaction to economic data will likely be delayed until markets reopen next…
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