Monthly Archives: June 2026
UK Services PMI Beats Forecast but Stays Below 50, Complicating Bank of England Outlook
Written on June 3, 2026 at 11:57 am, by josephine
UK services PMI beat forecasts but stayed contractionary, hinting brief market relief amid persistent slowdown, inflation.
USD/IDR hits record near 18,037 as Middle East tensions and Fed outlook lift dollar demand
Written on June 3, 2026 at 11:57 am, by josephine
USD/IDR hit record 18,037 as Middle East tensions, strong dollar demand, and hawkish Fed pressured rupiah.
Australia Q1 GDP Matches RBA, but Data Centre Investment Masks Weak Demand and Falling Productivity
Written on June 3, 2026 at 11:57 am, by josephine
Australia’s Q1 GDP rose modestly, driven by data centres, as weak demand and sticky inflation constrain RBA.
Eurozone Composite PMI Beats Forecast but Stays in Contraction, Supporting Cautious ECB Rate Outlook
Written on June 3, 2026 at 11:57 am, by josephine
Eurozone composite PMI beat forecasts at 48.5, easing recession fears, supporting euro and equities, complicating ECB cuts.
Eurozone Services PMI Beats Forecast but Stays in Contraction, Bolstering ECB Rate-Cut Bets
Written on June 3, 2026 at 10:27 am, by josephine
Eurozone services PMI rose to 47.7 in May, still contracting; boosts ECB cut bets, bearish euro.
Trade Gold: XAUUSD Slips Below $4,500 Ahead Of US Jobs Data
Written on June 3, 2026 at 10:18 am, by josephine
Gold trades below $4,500 as traders turn cautious ahead of Friday’s US non-farm payrolls report. Watch the next XAUUSD CFD setup with VT Markets.
S&P 500 Hits Fresh Record as Nine-Day Rally Nears Longest Run Since 1995
Written on June 3, 2026 at 9:57 am, by josephine
S&P 500 hits record ninth straight gain; longest since 1995 looms, low volatility prompts hedging.
Spain’s Services PMI Edges into Growth, Boosting IBEX and Offering Modest Euro Support
Written on June 3, 2026 at 9:57 am, by josephine
Spain’s services PMI hit 50.1, beating forecasts, supporting euro and equities, reducing ECB cut odds.
GBP/USD stays range-bound as downside pressure builds; 1.3430 in focus, 1.3300 key break level
Written on June 3, 2026 at 9:27 am, by josephine
GBP/USD holds range; downside momentum builds toward 1.3430/1.3405 support, resistance 1.3470-1.3485; strategies favor options premium selling.
Rupee slides as oil rallies and foreign outflows mount; RBI seen leaning against dollar gains
Written on June 3, 2026 at 9:27 am, by josephine
Rupee slides to 95.77 as oil jumps above $93 and foreign outflows persist; RBI intervenes before policy.
