Eurozone PMI data for August signals steady business activity
Eurozone PMIs for August held steady, with growth matching July's pace and price pressures remaining elevated.
Eurozone PMIs for August held steady, with growth matching July's pace and price pressures remaining elevated.
Bitcoin traded at $77,577 as a head-and-shoulders pattern pointed to $71,000; Glassnode put structural support between $62,000 and $65,000.
EUR/USD pulled back as hawkish Fed bets steadied and profit-taking emerged; traders eye US CPI for rate hike clues.
Gold rebounded from a near-four-week low to trade above $4,400, with technical levels and the upcoming US jobs report in focus.
Swiss inflation ticked up in August on higher petrol costs, with annual CPI doubling to 0.8% and core inflation rising slightly to 0.4%.
Global bond yields retreat from highs, with focus shifting to US non-farm payrolls data due Friday.
Trump considers declaring an end to the Iran war, while the Pentagon extends troop deployments. Gold rebounds and the yen strengthens.
China's private services PMI rose to 51.4 in August, beating expectations, as domestic demand drove faster new business growth and a fourth month of job gains.
Bitcoin and Ethereum fell this week as US-Iran strikes and rising rate hike odds triggered a risk-off move across markets.
Japan's services PMI hit 52.5 in August, supporting BOJ rate hike expectations amid sustained cost pressures.
New York Fed President Williams said Treasury yield surge reflects strong economy, not market dysfunction, easing alarmist interpretations.
AUD/NZD pushed into key resistance zone following RBNZ hike and Australia GDP beat.
The Dutch central bank moved 86 tonnes of gold from the US and Canada to London between March and August, citing geopolitical unrest.
Government bond yields in the US, Japan, and Europe hit multi-decade highs in a synchronized selloff reminiscent of the 2008 crisis.
EURUSD tested 100-day moving average support and 100-hour moving average resistance, providing clear trade entries and exits.