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United States ISM Services PMI below forecasts (53.7) in April: Actual (53.6)
United States ISM Services PMI below forecasts (53.7) in April: Actual (53.6)
Fxstreet
Tue, May 5
United States ISM Services New Orders Index fell from previous 60.6 to 53.5 in April
United States ISM Services New Orders Index fell from previous 60.6 to 53.5 in April
Fxstreet
Tue, May 5
United States ISM Services Employment Index up to 48 in April from previous 45.2
United States ISM Services Employment Index up to 48 in April from previous 45.2
Fxstreet
Tue, May 5
United States S&P Global Composite PMI came in at 51.7 below forecasts (52) in April
United States S&P Global Composite PMI came in at 51.7 below forecasts (52) in April
Fxstreet
Tue, May 5
United States S&P Global Services PMI below expectations (51.3) in April: Actual (51)
United States S&P Global Services PMI below expectations (51.3) in April: Actual (51)
Fxstreet
Tue, May 5
Brent: Geopolitics eclipses UAE's exit from OPEC – Societe Generale
Societe Generale’s commodity team notes that Brent prices rose nearly 4% on the day the UAE announced its exit from OPEC and OPEC+, as Hormuz-related tensions overshadowed what would normally be a bearish supply shock.
Brent
Fxstreet
Tue, May 5
United States Redbook Index (YoY) climbed from previous 7.7% to 7.8% in May 1
United States Redbook Index (YoY) climbed from previous 7.7% to 7.8% in May 1
Fxstreet
Tue, May 5
United States Goods Trade Balance dipped from previous $-87.9B to $-88.7B in March
United States Goods Trade Balance dipped from previous $-87.9B to $-88.7B in March
Fxstreet
Tue, May 5
Canada Exports up to $72.77B in March from previous $66.31B
Canada Exports up to $72.77B in March from previous $66.31B
USD/CAD
Fxstreet
Tue, May 5
Canada Imports dipped from previous $72.05B to $70.99B in March
Canada Imports dipped from previous $72.05B to $70.99B in March
USD/CAD
Fxstreet
Tue, May 5
Canada International Merchandise Trade came in at $1.78B, above forecasts ($-2.8B) in March
Canada International Merchandise Trade came in at $1.78B, above forecasts ($-2.8B) in March
Fxstreet
Tue, May 5
United States Goods and Services Trade Balance above expectations ($-60.5B) in March: Actual ($-60.3B)
United States Goods and Services Trade Balance above expectations ($-60.5B) in March: Actual ($-60.3B)
Fxstreet
Tue, May 5
RBA: August hike to 4.60% increasingly likely – TD Securities
TD Securities strategists Prashant Newnaha and Alex Loo highlight that the Reserve Bank of Australia (RBA) raised the cash rate to 4.35% with a dovish message, viewing risks to inflation and growth as more balanced.
Fxstreet
Tue, May 5
Spain 12-Month Letras Auction increased to 2.635% from previous 2.611%
Spain 12-Month Letras Auction increased to 2.635% from previous 2.611%
Fxstreet
Tue, May 5
Spain 6-Month Letras Auction down to 2.357% from previous 2.362%
Spain 6-Month Letras Auction down to 2.357% from previous 2.362%
Fxstreet
Tue, May 5
Fed: Warsh’s challenge and Q4 cuts – BNY
BNY’s John Velis reviews the April Federal Open Market Committee (FOMC), highlighting four dissents against the easing bias and implications for future policy under incoming Chair Kevin Warsh.
Fxstreet
Tue, May 5
Forex Today: RBA hikes policy rate, Strait of Hormuz tensions remain high
Here is what you need to know on Tuesday, May 5:
Fxstreet
Tue, May 5
Brent: Supply risks support prices – ING
ING analysts Warren Patterson and Ewa Manthey note that ICE Brent has surged as renewed conflict in the Persian Gulf raises concerns over supply disruptions.
Brent
Fxstreet
Tue, May 5
Silver: Downside risks build on geopolitical shock – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlights renewed weakness in Silver as Middle East tensions and higher Oil prices weigh on risk sentiment.
Silver
Fxstreet
Tue, May 5
Spain Unemployment Change below expectations (-18.6K) in April: Actual (-62.668K)
Spain Unemployment Change below expectations (-18.6K) in April: Actual (-62.668K)
Fxstreet
Tue, May 5
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