Monthly Archives: March 2025
European PMI data will be important today amid a supportive risk mood and dollar stability
Written on March 24, 2025 at 12:51 pm, by davin
S&P 500 futures rise 0.7% on tariff news; dollar steady; euro area PMI data closely watched.
Greece’s current account increased to €1.017 billion in January, improving from €-3.602 billion
Written on March 24, 2025 at 12:23 pm, by davin
Greece’s current account rose to €1.017 billion in January, improving from last year’s €3.602 billion deficit.
Key EUR/USD FX options are set at 1.0800 and 1.0850, influencing price action within limits
Written on March 24, 2025 at 12:21 pm, by davin
EUR/USD remains range-bound between 1.0800 and 1.0850, with sellers in control ahead of PMI data release.
During the European session, the price of WTI oil is rising on Monday morning
Written on March 24, 2025 at 11:53 am, by davin
WTI Oil rose to $68.33 per barrel. Brent Oil increased. Supply, demand, OPEC, and inventories influence pricing trends.
The White House intends to reduce its tariff plan, affecting prime trading partners and currencies
Written on March 24, 2025 at 11:51 am, by davin
White House reduces tariffs; USD weakens, equities rise. Major currencies strengthen; Japan, Australia PMIs decline; S. Korea ruling.
In March, France’s HCOB Composite PMI increased to 47, rising from 45.1
Written on March 24, 2025 at 11:23 am, by davin
The HCOB Composite PMI for France rose to 47 in March, indicating a slight economic improvement despite challenges.
Governor Bailey discusses UK economic growth at Leicester University while the bank gathers local feedback
Written on March 24, 2025 at 11:21 am, by davin
Bank of England Governor Andrew Bailey to lecture on UK growth; Citizens’ Forum addresses cost of living.
Gold Holds on Strong Central Bank Demand
Written on March 24, 2025 at 11:07 am, by casandra
Gold futures near record highs at $3,032.70, boosted by central bank demand and tariff concerns. Technicals point to firm support. – vtmarkets.com
In March, the actual HCOB Manufacturing PMI for France surpassed expectations, registering 48.9 instead of 46.2
Written on March 24, 2025 at 10:53 am, by davin
France’s manufacturing PMI surpassed expectations at 48.9, boosting EUR/USD, while gold stabilises and Avalanche surges.
Economists at Barclays anticipate the PBOC will soon need to ease monetary policy further
Written on March 24, 2025 at 10:51 am, by davin
China’s low inflation, weak demand, and tariff tensions may prompt the PBOC to implement further monetary easing soon.