Monthly Archives: March 2025
In March, the Services PMI for France reached 46.6, surpassing the anticipated 46.3
Written on March 24, 2025 at 10:23 am, by davin
France’s Services PMI hit 46.6 in March, signaling contraction. EUR/USD steady; gold stable; Avalanche surged 7%.
The Cavendish chair advocates taxing cryptocurrency to promote investment in UK equities and economic growth
Written on March 24, 2025 at 10:21 am, by davin
Lisa Gordon proposes a cryptocurrency tax to boost UK stock investments and redirect capital toward economic growth.
Euro Holds Gains Despite Eurozone PMI Miss
Written on March 24, 2025 at 9:56 am, by casandra
EUR/USD pares gains after eurozone PMI misses estimates; technicals show consolidation near 1.0830. Traders eye 1.0860 test. – vtmarkets.com
According to ECB’s Cipollone, inflation targets could be achieved earlier than previously expected, suggesting potential rate cuts
Written on March 24, 2025 at 9:53 am, by davin
ECB hints at earlier inflation target; EUR/USD rises, UK PMIs strengthen Pound, gold steadies, Avalanche surges 7%.
Expectations of tighter global supply bolster copper prices, while U.S. premiums rise amid tariff concerns
Written on March 24, 2025 at 9:51 am, by davin
Copper prices rise amid supply concerns, U.S. premiums surge, and potential tariffs drive shipment increases.
The Australian Dollar gains strength against a weakened US Dollar following two days of losses
Written on March 24, 2025 at 9:23 am, by davin
AUD strengthens as PMI data improves; US Dollar declines amid slowdown fears; China stimulus hopes support AUD.
Dividend Adjustment Notice – Mar 24 ,2025
Written on March 24, 2025 at 9:23 am, by lucky
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”. Please refer to the table below for more details:Continue Reading
Nomura prefers short positions on CHF/JPY and GBP/JPY due to economic factors affecting both currencies
Written on March 24, 2025 at 9:21 am, by davin
Nomura favors short CHF/JPY and GBP/JPY due to yen’s positive carry and limited UK fiscal stimulus expectations.
BTCUSD Rises 2.79% on Eased Tariff Fears
Written on March 24, 2025 at 9:15 am, by mike
BTCUSD rises 2.79% to $87,472.81 amid boosted sentiment from eased tariff fears and Trump’s flexible approach to tariffs, though caution persists. -vtmarkets.com
The Composite PMI for India fell to 58.6 from the previous figure of 58.8
Written on March 24, 2025 at 8:53 am, by davin
India’s HSBC Composite PMI fell to 58.6 in March, indicating a slight slowdown in economic expansion.