Monthly Archives: May 2025
Spain’s April services PMI declined to 53.4, with reduced new work and weakened growth prospects
Written on May 6, 2025 at 12:16 pm, by anakin
Spain’s service sector slows; PMI drops, costs rise amid tariffs. Optimism wanes despite workforce expansion.
The USD/CAD pair is currently around 1.3820, exhibiting a bearish trend within a descending channel
Written on May 6, 2025 at 12:07 pm, by anakin
USD/CAD shows bearish momentum near 1.3800 support; potential breakout could signal further downside or recovery.
European indices began the day with minimal fluctuations, while markets await further trade news
Written on May 6, 2025 at 11:46 am, by anakin
European markets steady; S&P 500 futures dip 0.3% amid trade uncertainty and investor caution.
A downward trend for GBP against USD seems probable, with 1.3230 being an unlikely target
Written on May 6, 2025 at 11:37 am, by anakin
GBP shows downward bias against USD; further pullback possible, but major support breach remains uncertain near-term.
Limited events include Eurozone PMIs, a 10-year auction, and a key Trump-Carney meeting
Written on May 6, 2025 at 11:16 am, by anakin
Today’s focus: UK, Eurozone PMI data, Trump-Carney tariff talks, and a potential US trade deal announcement.
Amid rising geopolitical tensions, the Japanese Yen rises for the third day against the USD
Written on May 6, 2025 at 11:07 am, by anakin
Japanese Yen rises for third day amid BoJ’s stance, global tensions, and cautious trading behavior.
Early European trading shows Eurostoxx and DAX futures down, while UK FTSE futures slightly rise
Written on May 6, 2025 at 10:46 am, by anakin
European stock futures dip amid softer risk sentiment; US and German markets decline while UK edges higher.
The auction yield for Spain’s six-month letras decreased from 2.115% to 1.937%
Written on May 6, 2025 at 10:37 am, by anakin
Spain’s bond yields fell; EUR/USD dropped amid German politics; gold rose on Middle East tensions.
In Switzerland, the unemployment rate remains at 2.8%, with registered jobseekers decreasing to 130,101
Written on May 6, 2025 at 10:16 am, by anakin
Switzerland’s jobless rate holds steady at 2.8% in April as unemployment numbers slightly decline.
Asian countries outside China face challenges as Chinese firms consider redirecting goods for US exports
Written on May 6, 2025 at 10:07 am, by anakin
Chinese firms reroute exports through Asia to avoid tariffs, risking trade tensions and undermining Trump’s policies.