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 […]
The manufacturing sector in Japan continued to contract in May, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.4. That’s up from 48.7 in April, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Data split by sector
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
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OPEC+ has agreed to raise oil production by 411,000 barrels per day in July, matching the increases already set for May and June. The decision marks a continuation of the group’s recent strategy shift aimed at reclaiming market share and pressuring members who have been exceeding their output quotas. According to Reuters, eight members are
Japan will on Monday release Q1 figures for capital spending, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, capex was down 0.2 percent on year. Indonesia will provide April numbers for imports, exports, trade balance and inflation. Imports are expected to rise 6.5 percent on year, up from 5.34 percent
China and New Zealand are both closed for public holidays today. Dragon Boat Festival holiday in China: Note that Hong Kong markets are open today. Kings Birthday holiday in New Zealand. This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Markets endured another week of trade confusion, with sentiment swinging sharply on alternating headlines. As a result, investor confidence remains fragile, with markets finding little footing as the tug-of-war between hopes of progress and fear of escalation continues. While the 90-day reciprocal tariff truce is now in effect, its second half is shaping up to
Tesla Under Pressure After NYT Drug Allegations Against Musk – But What Does the Market Tell Us? A weekend exposé by The New York Times titled “Musk’s Drug Use On Campaign Trail Stoked Concerns” has reignited scrutiny over Elon Musk’s personal habits, reporting that the Tesla and SpaceX CEO frequently travels with a box containing
Data from China’s National Bureau of Statistics (NBS) released on Saturday, May 31, 2025, official May 2025 PMIs Manufacturing Sector PMI: Rose to 49.5 (expected 49.5 and from 49.0 in April); still below the 50 threshold, indicating contraction for a second month. The improvement in May is likely reflecting some thawing in the icy trade
China NBS Manufacturing PMI meets expectations (49.5) in May Source link
Week in Review: Trump Taco, USD indecision and RBNZ Rate decision This week was once again filled with tradable action in markets.The week started off with closed US and UK markets, a broadly positive sentiment taking global indices higher in the beginning of the week with the Nikkei 225 leading the charge.The US Dollar also
