Summary: Services PMI falls to 46.3, back into contraction after 26 months Composite PMI fell to 46.6 in March, down from 52.4 in February Sharp drop from 52.8, weakest since November 2023 New orders decline, with exports hit by Middle East conflict Broad-based weakness, led by finance & insurance Input costs surge to multi-year highs […]
Fed officials warn inflation risks are intensifying, reinforcing a higher-for-longer policy stance. Earlier, Morgan Stanley argued that interest rates are what is standing in the way of a further rally in the S&P 500: That might remain the case if Goolsbee and Hammack are correct. Summary: Fed officials flag inflation as “orange” or worse, signalling
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The EURUSD moved higher during the Asian and early European sessions, breaking above both its 100- and 200-hour moving averages—a shift that tilted the short-term bias more bullish. The pair extended to a high near 1.15549, pushing above a key swing area before encountering sellers. Since that high, the corrective move lower has been orderly,
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Traders are slowly returning from a well-deserved Easter break, with volumes set to recover fully tomorrow. With the week starting on a softer pace, the US Dollar is taking a step back to leave some space for other FX currencies, Bitcoin (reaching $70,000!) and Equities after having worked overtime until today. Optimism had made a
IRNA reports that Iran has relayed its rejection of a ceasefire plan. The message from Tehran has been consistent, they want a permanent end to the war with security guarantees and compensation, not a temporary ceasefire. They say they’ve been attacked during negotiations before and want everything settled before unblocking Hormuz. “That’s not surprising,” said
The Institute for Supply Management released a report on Monday showing a slowdown in the pace of growth by U.S. service sector activity in the month of March. The ISM said its services PMI slid to 54.0 in March after jumping to 56.1 in February, although a reading above 50 still indicates growth. Economists had
2026.04.06 2026.04.06 Dazzling Dubai and Luxurious Gala Dinner: LiteFinance 20th Anniversary Challenge Ends Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The glittering skyscrapers and azure bay of Dubai bore witness to a historic moment for LiteFinance. An exclusive gala dinner at Atlantis The Royal hotel sealed a triumphant conclusion to the company’s anniversary celebration, including the grand finale of the
The USD is trading lower to kickstart the new trading week on this Easter Monday, although liquidity is thinner with the UK and much of Europe out for the holiday. Even with lighter participation, the market is being driven by weekend headlines, keeping traders cautious and reactive to geopolitical developments. Over the weekend, President Trump
Key takeaways Volatility driven by ceasefire uncertainty: WTI crude surged above $102.25 to as high as $116 before reversing sharply, with an intraday whipsaw driven by conflicting signals around a potential US–Iran ceasefire and Trump’s rhetoric. Ceasefire expectations skewed to June: Prediction market assigns low odds of a ceasefire by end-April (~22.5%) but sees a
The headline comes from Iran’s foreign ministry spokesperson in saying that Tehran has formulated its diplomatic response to the US but will only announce it in due time. We have to wait and see but there is a mixed reception towards all the headlines from the rumour mill in the past 24 hours. For now,
Estonia’s industrial production declined for the first time in four months in February, data from Statistics Estonia showed on Monday. The volume of industrial production contracted 0.5 percent year-on-year in February, reversing January’s increase of 5.8 percent, which was the quickest growth in nine months. Subscribe to continue reading the article. This article is part
Tehran has received Pakistan’s proposal, it is being reviewed Will not accept deadlines or pressure to make a decision Iran will not reopen Strait of Hormuz Strait of Hormuz in exchange for a ‘temporary ceasefire’ Believes that US lacks readiness for a permanent ceasefire If there’s any question that Iran might want to strike a
Markets open the week in a surprisingly calm tone, but the stability masks a high-stakes setup ahead of US President Donald Trump’s Iran deadline. Investors are not facing a simple binary outcome. Instead, markets are positioned within a three-way risk structure, where the interpretation of escalation—not just escalation itself—will dictate the next move. Trump’s deadline
Start with my Nasdaq tecnical analysis video from today Key Takeaways Nasdaq futures remain resilient despite macro noise, holding above critical support A double rejection at resistance earlier set the tone for the current structure The 23,100-23,120 zone acts as the key “line in the sand” Bullish structure remains intact as long as higher lows
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