Switzerland's manufacturing sector showed slight improvement in January, with the SVME Purchasing Managers' Index (PMI) edging up to 47.5 from 47.0, though it remained below market expectations of 49.0. The modest gain was dampened by declines in...
The forex market is poised for a volatile week as traders await key U.S. economic data releases, beginning with the ISM Manufacturing PMI report on Monday. However, the primary focus will be on Friday’s Nonfarm Payrolls (NFP) report, which is...
Bitcoin continues its downward trajectory, slipping below the $97,000 level on Thursday amid mounting selling pressure. The recent outflow of over $568 million from U.S. spot Bitcoin Exchange-Traded Funds (ETFs) underscores a waning demand for the...
The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
Currency markets: the dollar is losing ground, the yen and the pound are rising The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining investor concerns about inflationary risks related to Trump's trade...