Ireland’s service sector activity expanded at the weakest pace in one-and-a-half years in July amid slower rises in output and new business, data released by S&P Global showed on Wednesday. The AIB Ireland Services Purchasing Managers’ Index fell to 50.9 in July from 51.5 in June. However, any reading above 50 suggests expansion in the
The euro has staged a remarkable bullish reversal against the US dollar last Friday, 1 August, ex-post weaker-than-expected US non-farm payrolls data release. The EUR/USD jumped by 1.5% which put a halt to the prior week-long corrective decline from the 24 July 2025 swing high of 1.1789. Since Monday, 4 August, the EUR/USD has drifted
When is Tencent reporting Q2 2025 earnings? Tencent will announce its second-quarter results after Hong Kong markets close on Wednesday, 13 August 2025. The company will hold its earnings conference call at 8.00pm (Hong Kong time) to discuss financial performance. The Chinese technology conglomerate has established itself as one of the world’s most valuable companies.
Taro Kono has been calling for higher Bank of Japan rates since at least the middle of 2024. He is at it again, saying in a new conference its necessary to raise rates to boost JPY: cited the problems generated by the yen’s weakness against the dollar, including the inflationary effect on domestic prices USD/JPY
The Japanese Yen attracts some dip-buying, though it lacks bullish conviction. Weak real wages data from Japan tempers BoJ rate hike bets and caps the JPY. Rising September Fed rate cut bets weigh on the USD and the USD/JPY pair. The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on
The price actions of the Japan 225 CFD Index (a proxy for the Nikkei 225 futures) have staged a recent decline of -5.5% from its intraday high of 42,084 on 24 July 2025 (around 1% away from its all-time high of 42,513, printed in July 2024) to hit a low of 39,980 on 1 August
The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday. That was lower than forecasts for 5.3 percent but still higher than 5.1 percent in the three months prior. New Zealand employment shed 0.1 percent on quarter, in line
In a sign of changing economic dynamics in the Land of the Rising Sun, Japan has released its latest figures for overtime pay. As of June 2025, the overtime pay growth rate has declined to 0.90%, a noticeable slowdown from the 1.40% recorded in May of the same year. This data, updated as of August
2025.08.05 2025.08.06 Weekly Economic Calendar for 11.08.2025–17.08.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Markets are gradually adapting to the new realities of international trade and discouraging data from the US labor market. Trade wars remain a major source of uncertainty. Still, investors are trying to stay optimistic. Following another correction, major US stock indices are once again on the
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Kicking off this week’s series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month’s auction of $58 billion worth of three-year notes attracted slightly below average demand. The three-year note auction drew a high yield of 3.669 percent and a bid-to-cover ratio of 2.53. Last month,
The Swiss Franc has been on a formidable run in 2025, continuing a trend that began when it reached parity with the US Dollar in November 2022. With the American Exceptionalism theme, widening deficits, and growing trade distrust, markets have sought the CHF as a stable hedge against the Greenback. Switzerland’s neutrality in economic and
Gold bounces off intraday lows near $3,350 as US yields and the US Dollar retreat following soft ISM PMI data. US Treasury yields and the US Dollar remain broadly pressured, limiting downside in the Gold as Fed rate cut bets gain traction. Market pricing reflects a 92% chance of an interest rate cut in September.
US Services PMI – July 2025 Component Breakdown Services PMI: 50.1 (Jun 50.8) – ↓ 0.7 Business Activity/Production: 52.6 (Jun 54.2) – ↓ 1.6 New Orders: 50.3 (Jun 51.3) – ↓ 1.0 Employment: 46.4 (Jun 47.2) – ↓ 0.8 Supplier Deliveries: 51.0 (Jun 50.3) – ↑ 0.7 Inventories: 51.8 (Jun 52.7) – ↓ 0.9 Prices:
