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Euro area: Inflation below target while services sector struggles
The euro area economy is expanding but skirting close to stagnation. The manufacturing sector shows improvement, with the PMI rising to 49.4 in May from 49.0, supported by increased output and orders both domestically and abroad. This indicates that trade uncertainties have not significantly impacte
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OPEC Secretary General says oil demand growth to continue, no peak in sight
OPEC Secretary General Haitham Al Ghais said on Tuesday that oil demand growth will remain robust over the next two and a half decades as the world population grows, per Reuters. OPEC estimates a 24% growth in global energy consumption between now and 2050, with oil demand exceeding 120 million barr
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Tariff back-tracking dampens fears
There has been a lot of statements about US import tariffs over the last month. While there have been both tightening and easing, the net result is a significantly lower tariff level, especially after the 145% tariff on Chinese goods was postponed for three months on May 12. Based on 2024 trading pa
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JCI (Johnson Controls) Targets $113–$142 Zone In Bullish Weekly Sequence
Johnson Controls International plc, (JCI) engages in engineering, manufacturing, commissioning & retrofitting building products & systems in United States, Europe, Asia -Pacific & internationally. It operates in four segments like Building Solutions in North America, Building Solutions E
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JOLTS job openings ahead
European markets struggle amid Chinese manufacturing slowdown. Euro weakness after inflation decline. JOLTS job openings ahead. European markets are moving lower despite a buoyant session in China overnight. Sentiment within Europe has been directly impacted by events overnight with the collapse in
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Gold (XAUUSD) Elliott Wave outlook: next bullish surge underway
Gold (XAUUSD) has displayed a strong bullish trend since establishing a low on May 15, 2025, forming a sequence of higher highs that signals further upside potential. The rally from the May 15 low unfolded in a clear five-wave Elliott Wave structure, completing wave 1 at $3365.93. The initial advanc
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GBP/USD steadies near 1.3540 as the US Dollar struggles under global pressure
GBP/USD pares weekly losses as the US Dollar softens amid concerns over trade and growth.UK Manufacturing PMI was revised higher to 46.4 in May, above April’s reading, offering some relief over the sector’s slowdown.UK MPC to testify Tuesday at Monetary Policy Report Hearings; forward guidance in fo
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Double-Height Retail Shops Available In Sector 113 Gurgaon
If you are planning to invest in commercial property, now is the best time to explore the Double-Height Retail Shops Available In Sector 113 Gurgaon.This location is quickly becoming a top real estate destination in the NCR region. The demand for retail space is rising, and investors are actively lo
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AUD/USD gives up some initial gains as US Dollar strives to gain ground
AUD/USD surrenders some of its intraday gains as the US Dollar attracts bids, however, its outlook remains uncertain.US President Trump postponed proposed 50% tariffs on the EU to July 9.This week, investors will focus on the Australian Monthly CPI data for April. The AUD/USD pair gives back some of
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Wall Street rattled as VIX surges 15.4%, bond yields spike
Weak bond auction ignites concern.Yields rise across the curve.Stocks suffer as some hit the SELL button.Gold Up, Oil Down.House Passes the bill – markets stable.Try Poulet a la Moutarde. Somebody sounded the alarm on Wall Street – that could be heard all the way from Wall St to East Capitol St, SE
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The commodities feed: Oil jumps on reports of potential Israel strike on Iran
Oil prices surged this morning on media reports that Israel is planning a possible strike on Iranian nuclear facilities. Energy – Geopolitical risks grow The oil market spiked in early morning trading on media reports suggesting that Israel could be planning a strike on Iranian nuclear facilities. T
