The US NFP has delivered a massive and unexpected surprise. Employment gain was at +266k and unemployment rate slipped to 3.5%. Also annual wage growth was slightly higher than expected. After a week of disappointing US figures this is a U-turn and we see a proper market reaction: EURUSD down, GOLD down, US500 up. Gold is reversing lower from a resistance zone.
The US dollar is exceptionally weak, recording its worst half-year performance since 1973 – since the beginning of 2025, it has already lost about...
10:04Eurozone CPI Estimate (Y/Y) Jun P: 2.0% (est 2.0%; prev 1.9%) - CPI (M/M): 0.3% (est 0.3%; prev 0.0%) - Core CPI (Y/Y): 2.3% (est 2.3%; prev 2.3%) The...
09:08We have just seen the PMI data readings for the manufacturing sector in selected key European Union countries: Spain HCOB Manufacturing PMI Jun:...
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