Prior -1.0%; revised to -1.1%Looking at the breakdown:Intermediate goods +0.1%Capital goods +1.8%Durable consumer goods +0.1%Non-durable consumer goods +0.4%Energy -1.8%Not too positive in the details as the drag on the headline mainly comes from a drop in energy prices. This article was written by Justin Low at www.forexlive.com.

It's been a fun start to May trading but don't rest on your laurels just yet. While watchful eyes are on the US inflation data next week, we still have this week to go through first. And on the calendar, there are major central bank meetings to be wary of. The BOE and RBA will feature in that regard, so is there anything that we should look out for?The...

This is one of the pairs highlighted earlier in the day here, in relation to the dollar's vulnerability. After having closed back just under its 200-day moving average (blue line) on Friday, buyers are now looking to make a move again. Price is climbing up to 1.2580 and looking to breach the key technical level at 1.2547. Keep above that and there will...

Prior -5.9That marks seven straight readings now that the index has improved, with this being the highest since February 2022. Of note, we're seeing economic expectations in Germany no longer in negative territory - the first time since March 2022. That being said, the overall situation is still weak-ish at the balance for the euro area. ...

Services PMI 53.3 vs. 52.9 expected and 51.5 prior.Composite PMI 51.7 vs. 51.4 expeced and 50.3 prior.Key findings:HCOB Eurozone Composite PMI Output Index at 51.7 (Mar: 50.3). 11-month high. HCOB Eurozone Services PMI Business Activity Index at 53.3 (Mar: 51.5). 11-month high. Service sector recovery drives growth in April, but price pressures build.Comment:Commenting...

Domestic sight deposits CHF 461.5 bn vs CHF 467.3 bn priorIt's a slight drop in Swiss sight deposits but nothing out of the ordinary. The overall levels are holding since the start of the year: This article was written by Justin Low at www.forexlive.com.