Monthly Archives: July 2026
Eurozone Services PMI Beats Forecast but Stays in Contraction, Tempering ECB Rate-Cut Bets
Written on July 3, 2026 at 12:21 pm, by josephine
Eurozone services PMI rose to 49.4, beating forecasts but still contracting, sparking short-lived market optimism.
Germany Services PMI Beats Forecast, Easing Recession Fears and Supporting DAX and Euro
Written on July 3, 2026 at 11:52 am, by josephine
Germany’s services PMI rose to 48.6, beating forecasts; contraction eased, supporting equities and euro cautiously.
Germany’s HCOB composite PMI beats forecasts, bolstering euro and dampening DAX volatility
Written on July 3, 2026 at 11:51 am, by josephine
Germany’s composite PMI hit 49.5, nearing expansion; easing recession fears, supporting equities, euro, yields, volatility.
Euro edges higher as softer Fed hike bets weigh on dollar; focus shifts to ISM services data
Written on July 3, 2026 at 11:22 am, by josephine
Euro rose to 1.1455 as weak US jobs data lowered Fed hike odds, pressuring dollar.
France services PMI miss deepens contraction, darkening outlook for euro, CAC 40 and volatility
Written on July 3, 2026 at 11:21 am, by josephine
France’s Services PMI fell to 46.8 in June, deepening contraction and pressuring European stocks, euro.
France PMI slips further into contraction, raising downside risks for CAC 40, euro and volatility
Written on July 3, 2026 at 10:52 am, by josephine
France’s composite PMI missed forecasts, signaling contraction and prompting bearish positioning in CAC, euro, volatility.
EUR/CAD rises towards 1.6230 as ECB holds steady and oil-led Canadian Dollar softens
Written on July 3, 2026 at 10:52 am, by josephine
EUR/CAD rises near 1.6230 as euro firms, oil falls, and ECB-BoC policy divergence supports upside.
Japanese Yen Holds Gains as Intervention Risk Persists
Written on July 3, 2026 at 10:24 am, by josephine
USDJPY analysis: The pair holds near 161 as intervention risk, softer US jobs data and thin holiday liquidity keep yen volatility elevated. |VT Markets|
Italy services PMI misses forecasts, stoking caution on FTSE MIB, euro and BTP-Bund spreads
Written on July 3, 2026 at 10:22 am, by josephine
Italy’s services PMI missed forecasts at 50.2, signalling near-stalled growth, pressuring equities, euro, spreads, volatility.
Wells Fargo Sees Fed Holding Rates as June Minutes Tested for Shift Back to Hikes
Written on July 3, 2026 at 10:21 am, by josephine
Wells Fargo expects Fed hold; June minutes may hint hikes, inflation seen supply-driven, fading; volatility selling.
