Event Guide: U.S. ISM Services PMI (June 2026)
With the June NFP already released, will the ISM services PMI still move USD pairs? Here’s what to look out for.
With the June NFP already released, will the ISM services PMI still move USD pairs? Here’s what to look out for.
FUNDAMENTAL OVERVIEW USD: The US dollar has weakened across the board yesterday following the US NFP report. The data wasn’t bad, but it was enough to trigger a slightly dovish repricing in interest rate expectations. The chances for a July hike dropped to 17% vs 30% before the NFP release, and the probabilities for a move in September stand…
Germany HCOB Composite PMI above expectations (48) in June: Actual (49.5)
June’s soft jobs report hit the dollar and cooled Fed hike bets, even as unemployment fell for the wrong reason.
It’s a quick drop of around 50 pips for USD/JPY this time, with the timing of things being somewhat similar to when the drop yesterday occurred. This time around at least, we’re seeing the dollar also stay under pressure across the board after having softened following the US non-farm payrolls yesterday. In case you missed it: US June non-farm…
Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet. The price for Gold stood at 37,266.16 Pakistani Rupees (PKR) per gram, up compared with the PKR 36,768.36 it cost on Thursday. The price for Gold increased to PKR 434,662.00 per tola from PKR 428,858.90 per tola a day earlier. Unit measure Gold Price in PKR…
Spot gold prices are about to hit a key resistance zone! Will the precious metal extend a months-long downtrend in the next trading sessions?
Summary points: Asia-Pac equities recovered from an early sell-off, with the Nikkei and KOSPI leading a broad-based bounce back into positive territory Japan’s services PMI rose to 52.2 in June from 50.0, with a stronger yen and softer oil prices driving rotation out of tech into cyclicals and consumer names Gold jumped over 1% as soft US jobs data…
China’s Services Purchasing Managers’ Index (PMI) declined to 54.1 in June from 54.4 in May, the latest data published by RatingDog showed on Friday. This figure still marked the third-steepest increase in services activity in nearly three years. Services exports grew for a second consecutive month, expanding at the fastest rate since October 2024. The Chinese proxy, the…
2026.07.02 2026.07.02 Short-Term Analysis for Oil, Gold, and EURUSD for 02.07.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for oil, gold, and euro-dollar…