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HCOB Composite PMI for the Eurozone drops from 51.9 to 51.5 in December

The Eurozone’s December PMI fell to 51.5, signaling slower growth and potential European Central Bank rate cuts. Traders now brace for a weaker Euro and adjust equity strategies amid economic uncertainties. – vtmarketsmy.com

The Euro is expected to fluctuate between 1.1695 and 1.1750, with anticipated downside pressure.

The Euro is trapped between 1.1695 and 1.1750, with a downward trend likely towards 1.1650. Market indecision and diverging central bank policies amplify this cautious outlook. – vtmarketsmy.com

Profit-taking and geopolitical concerns led to a dip in Dow Jones futures, while Nasdaq 100 futures increased.

Dow futures dipped 0.12% amid profit-taking, while Nasdaq futures surged 13%. Economic uncertainties and mixed signals highlight volatility, with focus shifting to upcoming labor market reports for Fed policy insights. – vtmarketsmy.com

Germany’s composite PMI dropped to 51.3 from 51.5 last month

Germany’s HCOB PMI dipped to 51.3, signaling a slowdown in economic activity. Analysts predict potential further easing from the ECB as inflation cools, urging caution in currency and equity trading. – vtmarketsmy.com

Spain’s Services PMI rises to 57.1, surpassing the previous 55.6

Spain’s services PMI rose to 57.1, signaling economic growth as new orders increase. Meanwhile, fluctuating currency markets react to inflation data, highlighting strategies amid market volatility. Consider buying options for potential gains. – vtmarketsmy.com

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