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Markets
EUR/CHF dips as Eurozone PMIs highlight uneven recovery, SNB in focus
EUR/CHF retreats after a three-day winning streak as the Euro loses traction.Eurozone HCOB flash PMIs show services expanding while manufacturing slips back…
Breaking: Flash US S&P Global Manufacturing PMI came in at 52 in September
US business activity lost momentum in September, according to the flash reading of S&P Global’s Composite PMI, which ticked down to 53.6 from 54.6 in…
Australia FX Today: The Aussie hangs on to the Consumer Price Index
The Australian Dollar (AUD) is moving cautiously on Tuesday, as markets await the release of the monthly Consumer Price Index (CPI) for August, scheduled on…
Fed’s Powell: If policy is not in the right place, we’ll move it there
US Federal Reserve (Fed) Chair Jerome Powell said that tariff increases will likely show up as somewhat higher inflation, while speaking on the economic…
Dow Jones Industrial Average trims early gains, softens on Tuesday
The Dow Jones touched 46,700 for the first time ever on Tuesday.Despite equity indexes tilted into record highs, topside momentum remains thin.US PMI figures…
Fed’s Bostic: I would be open to using an inflation target range
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday he could eventually support shifting the central bank’s 2% inflation target to a…
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EUR/USD steady as PMI surveys highlight slowing growth, markets await Powell speech
EUR/USD steady on Tuesday after PMI releases showed slowing momentum on both sides of the Atlantic.US S&P Global Composite PMI eased to 53.6 in September,…
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Japan FX Today: Japanese Yen holds steady, awaiting clarity from BoJ Minutes
Ahead of the Bank of Japan's (BoJ) eagerly-awaited Minutes, due to be published on Wednesday at 23:50 GMT, the Japanese Yen (JPY) is holding steady against the…