Purchasing Managers' Index

The Asian session looks set for a weak start in today’s session, with Nikkei -0.07%, ASX -0.10% and KOSPI +0.18% at the time of writing.

2024-08-28T05:03:32+0100

This week, we look at going short EUR/USD as the pair continues to decline following poor eurozone PMI data. With our stop at $1.095, above the recent highs, we are looking for a move down towards $1.07.

2024-07-25T05:15:13+0100

Market moves this morning may offer a first-hand reaction to China’s official PMI data released over the weekend.

2024-07-01T06:59:50+0100

Into the new trading week, markets in Japan, South Korea and Thailand are closed for holiday, setting the region up for a more tamed start.

2024-05-06T05:32:05+0100

Technical overview struggling to offer direction, and in sentiment both retail traders and CoT speculators are majority buy but not far off the middle.

2024-05-02T05:53:38+0100

Technical overview continues to struggle on the daily time frame even as it matches the weekly’s ‘bull average’, while traders both large and small are in majority short territory.

2024-04-04T06:18:45+0100

Technicals remain bullish even as it avoids record highs, while CoT speculators are back to raising their majority buy bias.

2024-03-04T05:28:25+0000

Wall Street staged a last-hour bounce overnight on some last-minute dip-buying, just before Nvidia released its 4Q earnings and it paid off.

2024-02-22T01:52:16+0000