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<ul><li>Prior 49.3</li><li>Composite PMI 47.0 vs 47.1 prelim</li><li>Prior 47.4</li></ul><p>The German economy continues to decline to start the year, with the composite reading falling to a three-month low. While the manufacturing recession is easing, the services sector continues to stutter as

<ul><li>Prior 45.7</li><li>Composite PMI 44.6 vs 44.2 prelim</li><li>Prior 44.8</li></ul><p>That's a slight improvement to the initial estimates but the French economy did fare marginally worse than it did in December to start the new year. Of note, the services sector contracted once again

<ul><li>Prior 49.8</li><li>Composite PMI 50.7</li><li>Prior 48.6</li></ul><p>The Italian economy returns to growth, albeit marginally, in January thanks to an improvement in its services sector. Output and sales were both up for the first time in six months but price pressures are seen intensify

<p dir="ltr">The upcoming week is expected to be relatively light, which is typical following the release of the NFP report. On Monday, attention will center on the Services PMIs for the eurozone, the U.K. and the U.S.</p><p dir="ltr">Moving to Tuesday, the RBA's monetary policy announcement will be a key

<ul><li>Prior 51.5</li></ul><p>Spain's services sector activity improved amid better demand conditions to start the new year. Adding to the positive developments is a pick up in jobs growth to its best level since May last year. However, price pressures remain a problem and that will make it tough for the ECB to t

<ul><li>Eurostoxx +0.1%</li><li>Germany DAX flat</li><li>France CAC 40 +0.1%</li><li>UK FTSE +0.2%</li><li>Spain IBEX +0.1%</li></ul><p>US futures are still down 0.2% as the overall risk mood remains more tentative for now. Just be wary that bond yields are sitting higher

<ul><li>Prior €20.4 billion</li></ul><p>The German trade surplus grew in December but not in the best way. Exports were seen down 4.6% on the month but was eclipsed by a 6.7% decline in imports. As a whole in 2023, the trade balance in Europe's largest economy stood at €209.6 billion.</p> This article was wr

<p>There is just one to take note of, as highlighted in bold.</p><p>That being for USD/JPY at the 148.00 mark. However, it isn't a level which holds much technical significance at the moment although there might be some bids lined up there on the day. As such, it could help to keep price action above the […]

Jerome Powell Says March Rate Cut “Unlikely”, Treasury Yields Rise; Non-Farm Payrolls Exceed Expectations

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>AUD/USD has started the new week with a win, which seemingly appears to be the aftermath of a dovish Fed. This is because the Fed’s rate turned out as expected. At this point, the pair has posted moderate gains. […]