French Services Sector Sees Modest Improvement in July PMI
France's services sector showed a slight uplift in July, with both services and composite PMIs indicating a slower contraction.
Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
France's services sector showed a slight uplift in July, with both services and composite PMIs indicating a slower contraction.
Spain's services sector expanded significantly in July, with business activity reaching its highest level since March, driven by domestic demand.
India's central bank maintained its benchmark repo rate at 5.25%, with Governor Malhotra emphasizing a data-dependent approach to inflation.
The S&P 500 recently recovered from a seven-week low, driven by strong tech earnings and easing geopolitical tensions.
Russia's services sector PMI edged up in July, signaling a slower pace of contraction compared to the previous month.
This week's market focus for crude oil and gold shifts to upcoming economic data, which could significantly influence their near-term price movements.
Global government bond yields and crude oil prices saw declines following reports of potential diplomatic advancements between the US and Iran.
The Euro gained against the US Dollar on Wednesday, driven by increasing expectations of a more aggressive European Central Bank.
A notable EUR/USD options expiry at 1.1500 could influence price action as markets anticipate upcoming US jobs data.
The Indian Rupee reversed earlier advances against the US Dollar following the Reserve Bank of India's latest monetary policy decision.
S&P 500 E-mini futures are approaching a significant resistance area, marked by a round number and channel boundary, with RSI signaling overbought conditions.
A proposed shipping lane agreement in the Strait of Hormuz, involving Iran and Oman, faces potential delays due to ongoing US-Iran tensions.
US President Trump indicated positive developments in talks concerning Iran, as market attention remains on the Strait of Hormuz.
Gold prices extended gains, surpassing US$4,130, as market participants reacted to reports of a potential interim agreement concerning the Strait of Hormuz.
New Zealand's unemployment rate increased to 5.6%, leading to a dip in the Kiwi dollar and potentially influencing the RBNZ's rate decision.
A proposal to limit Ethereum staking incentives by gradually reducing rewards as staked ETH nears 50% of supply has met resistance from the Aave founder.
Reports suggest the United States, Iran, and Oman are close to an interim agreement regarding the Strait of Hormuz, with an announcement potentially on Wednesday.
Gold prices extended gains for a third day, influenced by evolving US interest rate outlooks and steady institutional demand.
Japan's Chief Cabinet Secretary Minoru Kihara reiterated the Bank of Japan's independence in determining its monetary policy tools.
The US Dollar Index (DXY) extended its decline for a second day, trading near 99.90 as safe-haven demand diminished.
Reports suggest the US, Iran, and Oman are close to an interim agreement to reopen the Strait of Hormuz, potentially impacting oil prices.
Recent Bank of Japan minutes indicate board members discussed increasing price risks, suggesting a more hawkish stance despite the June rate hike.
China's services activity slowed considerably in July, reaching its lowest point since September 2024, raising questions about domestic demand.
A recent air traffic safety incident involving Marine One is under review, prompting renewed scrutiny of Reagan National Airport protocols.
Real-time quotes powered by TradingView