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In October, the HCOB Services PMI for the Eurozone exceeded expectations, reaching 53.
The Eurozone’s services sector surprises with a PMI of 53, indicating growth and resilience. Investors eye opportunities in EUR/USD while bracing for US data volatility. Will this shift the narrative? – vtmarketsmy.com
Written on November 5, 2025 at 11:56 am
Categories: Live Updates
HCOB Composite PMI for the Eurozone increases to 52.5, up from 52.2
Eurozone’s HCOB Composite PMI rose to 52.5, indicating growth. US economic strength contrasts with mixed employment signals and ongoing geopolitical risks, affecting EUR/USD near three-month lows and WTI oil prices. – vtmarketsmy.com
Written on November 5, 2025 at 11:56 am
Categories: Live Updates
Colder weather and reduced wind generation raise European gas prices, despite low storage and limited speculation
European natural gas prices are on the rise due to colder weather and reduced wind generation, with storage levels at 83%. Despite vulnerability, market speculation remains low, presenting potential trading opportunities. – vtmarketsmy.com
Written on November 5, 2025 at 11:56 am
Categories: Live Updates
USD/CAD rises for five days, reaching new seven-month highs above 1.4100 and generating bullish sentiment
USD/CAD climbs for the fifth day, reaching 1.4110, driven by a bullish trend and strong US economic data. Caution is advised as RSI nears overbought levels, signaling possible corrections ahead. – vtmarketsmy.com
Written on November 5, 2025 at 10:57 am
Categories: Live Updates
Germany’s HCOB Services PMI exceeds expectations, measuring 54.6 instead of 54.5
Germany’s Services PMI indicates sector growth, contrasting a weak US labor outlook. With changing central bank policies and China’s AI chip ban, traders should consider strategic options in currency and tech markets. – vtmarketsmy.com
Written on November 5, 2025 at 10:56 am
Categories: Live Updates
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