Monthly Archives: March 2025
As European leaders back a Ukraine peace plan, EUR/USD rises sharply to around 1.0470.
Written on March 3, 2025 at 2:35 pm, by anakin
EUR/USD rebounds to 1.0470 as ECB rate cut looms; Fed policy, tariffs, and key US data in focus.
Italy’s February manufacturing PMI improved slightly to 47.4, yet the sector still struggles.
Written on March 3, 2025 at 2:35 pm, by anakin
Italy’s manufacturing PMI rose to 47.4, exceeding expectations. Employment declined, but optimism persists amid policy hopes.
In February, Switzerland’s manufacturing PMI improved to 49.6, surpassing expectations of 48.0.
Written on March 3, 2025 at 2:05 pm, by anakin
Swiss manufacturing improved in February, with higher output and orders, as PMI rose to 49.6, indicating recovery.
The Purchasing Managers Index in Singapore decreased to 50.7, a decline from 50.9.
Written on March 3, 2025 at 1:35 pm, by anakin
Singapore PMI fell to 50.7, EUR/USD rose above 1.0450, GBP/USD surpassed 1.2650, and gold rebounded.
Spain’s manufacturing PMI fell to 49.7, signalling a decline in orders and employment challenges.
Written on March 3, 2025 at 1:35 pm, by anakin
Spain’s February manufacturing PMI fell to 49.7, signaling contraction with declining orders, job losses, and cautious optimism.
The S&P Global Manufacturing PMI for Brazil rose to 53, increasing from 50.7 previously.
Written on March 3, 2025 at 1:05 pm, by anakin
Brazil’s manufacturing PMI rose to 53 in February, indicating expansion and positive economic activity in the sector.
European stocks rise at the week’s onset, encouraged by Wall Street’s recent performance and optimism.
Written on March 3, 2025 at 1:05 pm, by anakin
European equities gained as major indices rose, following Wall Street’s lead, though uncertainty over tariffs remains.
Following the Lunar New Year, China’s PMIs improved, yet looming tariffs offered minimal comfort, UOB Group noted.
Written on March 3, 2025 at 12:35 pm, by anakin
China’s PMIs rose in February, but small firms struggled. Trade tensions and policy measures remain key concerns.
Amid fragile risk sentiment, USDJPY shows potential lower pressures following recent resistance and key data.
Written on March 3, 2025 at 12:35 pm, by anakin
USDJPY consolidates near resistance; buyers eye breakout, sellers target 148.60. Key US data releases ahead.
As European leaders united in support of Ukraine, EUR/USD experienced two-way trading opportunities.
Written on March 3, 2025 at 12:05 pm, by anakin
European leaders support Ukraine, boosting the Euro, while Trump’s tariff threats pose risks amid CPI and ECB decisions.