German factory orders slide by 1.6% in May, missing forecasts amid sectoral challenges. The EUR/USD reacted cautiously to German factory order data….Read More
Tag: trading the news
JOLTs Job Openings Rise To 8.14 Million, Exceeding Analyst Expectations
Earlier, Fed Chair Powell noted that prices were showing disinflation trend….Read More
ISM Manufacturing PMI Drops To 48.5, Missing Analyst Expectations
ISM Manufacturing Employment index decreased from 51.1 in May to 49.3 in June, compared to analyst consensus of 50.0, while New Orders index increased from 45.4 to 49.3. The Institute…
Euro Zone Inflation Dips to 2.5%, Core Rate Defies Expectations
Breaking down the components, services inflation remained the highest at 4.1%, unchanged from May. Food, alcohol, and tobacco inflation dipped marginally to 2.5% from 2.6%, while non-energy industrial goods held…