UK’s Composite PMI at 49.4 signals slight improvement, suggesting resilience and potential impact on monetary policy.
Germany’s IFO beats forecasts; EUR/USD steady, gold slips; markets await US PMI data for direction.
Eurozone PMIs show mixed results; manufacturing improves, services decline, keeping EUR/USD afloat despite economic concerns.
Eurozone PMI contracts; Euro gains limited. UK PMI rises. Gold retreats. Chainlink up amid whale activity.
Germany’s May PMI at 48.8 signals slight manufacturing contraction, missing expectations and indicating slowed sector performance.
Australian Dollar edges higher as PMI data, RBA rate cut, and US economic shifts influence currency markets.
Major FX option expiries May 22: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD levels noted.
Gold prices in Pakistan rose amid weaker US Dollar, geopolitical tensions, and global central banks increasing reserves.
New Zealand forecasts growing deficits and debt, with GDP shrinking in 2024/25 before gradual recovery begins.
Bank of Japan monitors inflation and wage growth, considering policy changes amid external risks and yen depreciation.
Insights 
VT 
