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Recent Posts by josephine

France Manufacturing PMI Miss Fuels Bearish CAC 40, Weighs on Euro and ECB Rate Outlook

France’s May HCOB Manufacturing PMI fell to 48.9, signaling contraction and missing expectations by 3.6 points.

France services PMI slump to 42.9 reignites recession fears and ECB cut bets

France’s HCOB Services PMI fell to 42.9 in May, far below 46.5 forecast, signalling contraction.

Sterling Holds Near 1.3435 as Softer UK Inflation Spurs BoE Cut Bets, PMI in Focus

GBP/USD hovered near 1.3435, steady amid UK inflation slowdown, ahead of UK/US PMI data, and US–Iran talks.

Sterling holds near weekly high as Fed hawkishness and UK cooling tilt GBP/USD lower

GBP/USD steadied near 1.3430 as US-Iran tensions, Fed hawkish minutes, and softer UK data influenced sentiment.

India’s HSBC Manufacturing PMI eases in May, fuelling hedging demand and USD/INR upside risk

India’s HSBC Manufacturing PMI eased to 54.3 in May from 54.7, signaling continued manufacturing expansion.

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