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Germany Factory Orders n.s.a. (YoY) above forecasts (0%) in August: Actual (2.7%)
Germany Factory Orders n.s.a. (YoY) above forecasts (0%) in August: Actual (2.7%)
-10.6%: Germany’s Factory Orders fall in August, missed -1.0% estimates
Germany's Factory Orders dropped in August, suggesting that the country’s manufacturing sector activity lost momentum, according to the official data published by the Federal Statistics Office on Tuesday.
Germany Factory Orders s.a. (MoM) below expectations (-1%) in August: Actual (-10.6%)
Germany Factory Orders s.a. (MoM) below expectations (-1%) in August: Actual (-10.6%)
Denmark Industrial Production (MoM) increased to 0.9% in August from previous -5.5%
Denmark Industrial Production (MoM) increased to 0.9% in August from previous -5.5%
WTI Price Forecast: Bulls seem hesitant near $89.00 amid easing supply risks
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday, reclaiming the $89.00 mark and snapping a two-day winning streak. The black liquid, however, remains close to a four-week low, touched last Friday, amid mixed fundamental cues.
Gold recovers further from two-month low amid some USD profit-taking
Gold (XAU/USD) builds on its modest intraday bounce from the $4,100 neighborhood, or a two-month low, and climbs above $4,150 during the first half of the European session on Tuesday.
India HSBC Composite PMI declined to 55.9 in September from previous 56.5
India HSBC Composite PMI declined to 55.9 in September from previous 56.5
India HSBC Services PMI below forecasts (56.2) in September: Actual (55.2)
India HSBC Services PMI below forecasts (56.2) in September: Actual (55.2)
AUD/JPY Price Forecast: Strengthens above 110.00, while bearish technical bias persists
The AUD/JPY cross trades in positive territory near 110.20 during the early European trading hours on Tuesday. Traders await the speech from the Bank of Japan (BoJ) Governor Kazuo Ueda later on Tuesday for more clues on the interest rate outlook.
EUR/JPY Price Forecast: Tests 177.50 after rebounding from descending channel bottom
EUR/JPY halts its seven-day losing streak, trading around 177.40 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross is remaining close to the lower boundary of the descending channel, suggesting the price holds support and a temporary bounce.
BoJ may indicate underlying inflation is near the 2% target, sources say
The Bank of Japan (BoJ) could indicate later this month that underlying inflation has reached nearly its 2% target, according to three sources familiar with the central bank’s thinking. Such a signal would underscore the BoJ’s willingness to resume raising interest rates in the coming months.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
United States Dollar Index holds above 102, remains supported by firm bond yields
The US Dollar (USD) trades broadly firm against its major currency peers as United States (US) bond yields remain higher due to persistent inflation fears.

