About: davin

Recent Posts by davin

France Services PMI Holds at 46.5, Reinforcing Contraction and Bolstering ECB Cut Expectations

France’s HCOB Services PMI held at 46.5 in April, meeting forecasts and signalling continued sector contraction.

RBA Hits 4.35% Peak as Oil Shock Fades, Markets Price Multiple Rate Cuts in 2026

RBA raises cash rate to 4.35%, calling policy restrictive; may pause to assess Iran war impacts.

Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains

Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.

Spain Services PMI Slumps to 47.9 in April, Raising Pressure on IBEX, Euro and Bonds

Spain’s HCOB services PMI fell to 47.9 in April, missing forecasts and signaling contraction in activity.

EUR/PLN Holds Range as NBP Set to Stand Pat, with CPI Surprise Shaping Rate Expectations

EUR/PLN rebounds near 4.2100; range 4.2100–4.2600 as NBP holds 3.75% amid inflation concerns.

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