
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
European Services and Manufacturing PMIs are published on May 21, 11:00 GMT+3.
Although not the primary set of indicators, these economic indices are first-hand information about the core of the European economy. PMIs are normally broken down in two sections in correspondence with two distinctive market sectors: the first is Services, and the second is Manufacturing that corresponds to the production of tangible goods.
Technically, both Services and Manufacturing PMIs work similarly to most other economic indices with relation to the market: if the actual data is better than forecasts, the national currency rises. Otherwise, a dull report puts pressure on the currency and may cause a plunge.
Instruments to trade: EUR/USD, EUR/JPY, EUR/CAD, EUR/AUD
Source: tradingeconomics.com
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
BoJ started currency interventions and the US bond yield is on its maximums. What's going on in the markets? Check our review.
Mester (Fed) says the Fed will have to raise rates again this year. However, the US dollar index shows signs of a short-term decline. Read the full article and learn more!
Welcome to the first week of October! As usual, at the start of the week, we are looking for valuable insights that will bring us profits in trading. Let’s observe the main events.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!