Page 39 - Services Pmis News Today

The Pound Sterling (GBP) recovers back above the 1.2600 handle versus the US Dollar (USD) on Tuesday, as the Greenback slips on the back of slightly s

The Pound Sterling (GBP), the oldest currency in the world, rises versus the US Dollar (USD) on Monday, as the island nation has crowned a new head fo

Bankinter : Eurozone Services PMIs (final) have been revised slightly downwards, with the exception of Germany. These indicators have had little impact on the

Let’s discuss a bit about the current macro environment of China. Both the official NBS and Caixin (consisting of more small and medium-sized firms) Manufacturing and Services PMIs data for April have shown a decline in activities after a growth spurt in Q1 due to policy changes such as more expansionary fiscal and monetary easing measures as well as the removal of stringent Covid-19 lockdown rules.

Further weakness in USD/CNH may add impetus for a recovery in China equities as animal spirts are in the driver's seat.

The Pound Sterling (GBP) finally establishes a foothold above the 1.2600 handle against the US Dollar (USD) ahead of the Nonfarm Payrolls (NFP) releas

Bankinter : Preliminary Q1 2023 GDP +3.8% year-on-year (versus +3.1% expected and +2.9% year-on-year in Q4 2022 revised up by 0.3 percentage points.

EUR/USD now erodes part of the recent upbeat tone and retreats to the mid-1.1000s following an earlier fruitless attempt to test 1.1100 the figure in

The Pound Sterling (GBP) temporarily bounces back above the 1.2500 handle against the US Dollar (USD) during the European session on Wednesday. The ma

Bankinter : Preliminary Q1 2023 GDP +3.8% year-on-year (versus +3.1% expected and +2.9% year-on-year in Q4 2022 revised up by 0.3 percentage points.