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Market news

  • NQCash
    US PMI data revised ever so slightly higher - Nasdaq 100 falls in early trading
    The US stock markets have recently reopened and it has been a mixed start to the session, where the underperformance in early trading has been...
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  • USDJPY
    US ADP payrolls beat forecasts- USD/JPY tries to push back above 153
    The January US ADP payroll report has now been released. As mentioned earlier, the markets were expecting a rise to around 150k, up from the 122k rise...
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  • YM
    Dow Jones futures still modestly in the red as US data awaits
    An earlier update covered the upcoming US economic releases of note due out today. Well, the first of these is the January ADP privately sourced...
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  • USDJPY
    USD/JPY falls below 153 for the first time since early December
    As just mentioned in the previous update looking at the reaction in the Pound to the PMI data, the USD/JPY was also mentioned in reference to the GBP...
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  • GBPUSD
    UK January service sector PMI revised lower- GBP/USD yet to react much to the data
    The UK January service and composite sector PMI revisions have just been released. The markets were not expecting any change in the January service...
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  • GBPUSD
    GBP/USD makes a further move beyond technical resistance

    That whole bunch of EU PMI revisions has now been released and it was rather mixed with some beats in Germany and Italy offset by misses from France...

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