Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
United States ISM Manufacturing Employment Index up to 52.7 in September from previous 51.2
United States ISM Manufacturing Employment Index up to 52.7 in September from previous 51.2
United States ISM Manufacturing New Orders Index: 55.3 (September) vs 53.7
United States ISM Manufacturing New Orders Index: 55.3 (September) vs 53.7
Swiss Franc steadies as stronger inflation offsets broad US Dollar demand
USD/CHF trades flat on Thursday as stronger Swiss inflation offers some support to the Swiss Franc (CHF), while a firm US Dollar (USD) keeps the pair near levels last seen in May 2025. At the time of writing, USD/CHF trades around 0.8354 after reaching an intraday high of 0.8382.
South Africa Total New Vehicle Sales up to 61645 in September from previous 57898
South Africa Total New Vehicle Sales up to 61645 in September from previous 57898
United States S&P Global Manufacturing PMI registered at 55.9 above expectations (0) in September
United States S&P Global Manufacturing PMI registered at 55.9 above expectations (0) in September
Federal Reserve: Policy to remain on hold through 2027 – Rabobank
Rabobank's RaboResearch Global Economics & Markets updates its United States (US) Federal Reserve (Fed) outlook, adding a December 2026 rate hike after recent FOMC speeches.
Canada S&P Global Manufacturing PMI came in at 51.5, above expectations (0) in September
Canada S&P Global Manufacturing PMI came in at 51.5, above expectations (0) in September
Euro: Outlook weakens as risks build – Rabobank
Rabobank's RaboResearch Global Economics & Markets discusses EUR/USD dynamics since the Iran war, highlighting how shifting expectations for Federal Reserve policy and the Euro’s underperformance have driven the pair.
Brazil S&P Global Manufacturing PMI came in at 44.8, above expectations (0) in September
Brazil S&P Global Manufacturing PMI came in at 44.8, above expectations (0) in September
Russia Central Bank Reserves $ above forecasts ($0B): Actual ($742.7B)
Russia Central Bank Reserves $ above forecasts ($0B): Actual ($742.7B)
US Initial Jobless Claims dropped to 197K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 197K for the week ending September 26.
BoE's Mann: Can't rely on risk premia to do work of policy, need to raise rates
Bank of England (BoE) policymaker Catherine Mann argued on Thursday that they can't rely on risk premia to do the work of monetary policy and added that they need to raise the bank rate, per Reuters.
United States Continuing Jobless Claims came in at 1.701M below forecasts (1.73M) in September 18
United States Continuing Jobless Claims came in at 1.701M below forecasts (1.73M) in September 18