Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
South Africa Manufacturing Production Index (YoY) declined to -4.3% in May from previous -2.9%
South Africa Manufacturing Production Index (YoY) declined to -4.3% in May from previous -2.9%
Silver Price Forecasts: XAG/USD picks up above $59.00 as US Dollar softens
Silver (XAG/USD) is trimming losses on Thursday, and hitting session highs just above $59.00 after bouncing from $57.22 lows on Wednesday.
Ireland HICP (YoY) below forecasts (3.3%) in June: Actual (3.2%)
Ireland HICP (YoY) below forecasts (3.3%) in June: Actual (3.2%)
Ireland Consumer Price Index (YoY) declined to 3.4% in June from previous 3.6%
Ireland Consumer Price Index (YoY) declined to 3.4% in June from previous 3.6%
Ireland HICP (MoM) meets forecasts (0.3%) in June
Ireland HICP (MoM) meets forecasts (0.3%) in June
Ireland Consumer Price Index (MoM) rose from previous -0.1%Â to 0.3% in June
Ireland Consumer Price Index (MoM) rose from previous -0.1%Â to 0.3% in June
Euro advances against Canadian Dollar on strong German trade, weak oil
EUR/CAD gains ground after two days of losses, trading around 1.6210 during the European hours on Thursday. The currency cross remains stronger following stronger-than-expected trade data from Germany.
Euro: ECB hawkish repricing with bond selloff – Deutsche Bank
Deutsche Bank Research’s Early Morning Reid notes that European assets are sensitive to the renewed energy shock. Market pricing for ECB hikes by December rose sharply, implying a chance of three hikes this year after June’s move.
Australian Dollar steadies above 0.6900 as markets price a negotiated end to Iran’s war
The Australian Dollar (AUD) keeps trading sideways against the US Dollar (USD) on Thursday, showing a surprising resilience to the escalating tensions in Iran.
Greece Consumer Price Index (YoY) declined to 4.4% in June from previous 5.2%
Greece Consumer Price Index (YoY) declined to 4.4% in June from previous 5.2%
Greece Consumer Price Index - Harmonized (YoY) fell from previous 4.9% to 3.9% in June
Greece Consumer Price Index - Harmonized (YoY) fell from previous 4.9% to 3.9% in June
Japanese Yen remains pressured close to 40-year lows as intervention risks linger
The Japanese Yen (JPY) remains locked in a high-stakes standoff against the US Dollar, testing the ultimate limits of Tokyo’s tolerance for its local currency to depreciate.
Dow Jones futures advance due to tech, AI rally
Dow Jones futures gain 0.17% to trade around 52,710 during European trading hours on Thursday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.34% and 0.74%, trading near 7,550 and 29,690, respectively.

