About: davin

Recent Posts by davin

UK Services PMI Beats Forecast but Stays Below 50, Complicating Bank of England Outlook

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

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

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

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

Eurozone services PMI rose to 47.7 in May, still contracting; boosts ECB cut bets, bearish euro.

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