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Brent: US-Iran tensions support prices – ING
ING analysts Warren Patterson and Ewa Manthey note renewed strength in Oil, with ICE Brent rallying ...
Euro flatlines amid mixed German data with all eyes on US Nonfarm Payrolls
The Euro (EUR) is trading flat around 1.1520 against the US Dollar (USD) on Friday, following a mild...
July’s US employment report to shake the markets
USD edged higher yesterday, as media reports pointed towards a potential rate hike by the Fed in Sep...
Oil: Fragmented energy order risks new pricing blocs – Rabobank
Rabobank’s RaboResearch team, led by Michael Every and Joe DeLaura, argues that the Iran War could accelerate a shift from unified Oil markets toward Balkanised pricing blocs.
United Kingdom flash Services PMI unexpectedly declines to 47.9 in May
The United Kingdom (UK) S&P Global Composite Purchasing Managers' Index (PMI) surprisingly declined in May. The Composite PMI has come in at 48.5;a figure below 50.0 is considered a contraction in the ...
United Kingdom S&P Global Services PMI came in at 47.9, below expectations (51.8) in May
United Kingdom S&P Global Services PMI came in at 47.9, below expectations (51.8) in May
United Kingdom S&P Global Composite PMI below forecasts (51.7) in May: Actual (48.5)
United Kingdom S&P Global Composite PMI below forecasts (51.7) in May: Actual (48.5)
Aluminium: Output drops on Gulf disruptions – ING
ING commodities strategists Warren Patterson and Ewa Manthey report a notable decline in global Aluminium production in April, driven largely by sharp cuts in Gulf output linked to the Iran conflict.
Dow Jones futures decline on US-Iran peace uncertainty, hawkish Fed signals
Dow Jones futures fall 0.22% below 50,000 during European hours ahead of the United States (US) regular opening on Thursday. Meanwhile, the S&P 500 decline 0.27% to near 7,430, and the Nasdaq 100 futu ...
Eurozone flash Manufacturing PMI expands moderately to 51.4 in May vs. 51.9 estimates
Eurozone's preliminary HCOB Composite PMI deteriorates further in May. The Composite PMI arrives lower at 47.5, while it was expected to remain steady at 48.8. A figure below 50.0 is considered a cont ...
Eurozone Current Account s.a came in at €14.9B below forecasts (€25.3B) in March
Eurozone Current Account s.a came in at €14.9B below forecasts (€25.3B) in March
Eurozone HCOB Composite PMI below forecasts (48.8) in May: Actual (47.5)
Eurozone HCOB Composite PMI below forecasts (48.8) in May: Actual (47.5)
Eurozone HCOB Services PMI came in at 46.4, below expectations (47.7) in May
Eurozone HCOB Services PMI came in at 46.4, below expectations (47.7) in May
Eurozone HCOB Manufacturing PMI below forecasts (51.9) in May: Actual (51.4)
Eurozone HCOB Manufacturing PMI below forecasts (51.9) in May: Actual (51.4)
Germany’s flash Manufacturing PMI unexpectedly declines to 49.9 vs. 51.0 estimates
German flash HCOB Composite PMI improves to 48.6 in May, while it was expected to remain steady at 48.4. However, a figure below 50.0 is considered a contraction in the overall business activity.