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Brazil's Service Sector Confidence Declines in May: Economic Implications

Brazil's Service Confidence Index (ICS) fell by 0.6 points in May, reaching a total of 94.2 points, as reported by FGV. ....

Vargas Foundation , Service Confidence Index , Service Sector Confidence Declines , Photo Internet , Expectations Index , Current Situation Index ,

German ZEW Economic Sentiment Index improves to 47.1 in May from 42.9 in March

German ZEW Economic Sentiment Index improves to 47.1 in May from 42.9 in March
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Sentiment Index , Current Situation Index ,

Focus on RBA as Australian Dollar Maintains Strength

As the market transitions into US session, Australian Dollar maintains its position as the strongest currency of the day. While no significant economic data is expected from the US or Canada, the focus shifts to appearances by SNB Chair Thomas Jordan, as well as Fed officials Thomas Barkin and John Williams. However, traders are expected to look through these events, anticipating insights from the RBA's decision. ....

Hong Kong , United Kingdom , Thomas Jordan , Warren Hogan , Thomas Barkin , John Williams , Michele Bullock , Caixin Services , Economist At Hamburg Commercial Bank , Senior Economist At Caixin Insight Group , France Services , Services For , Germany Services , Eurozone Services , Judo Bank , Australian Dollar , Governor Michele Bullock , Australian Financial Review , Swiss Franc , Canadian Dollar , China Shanghai , Singapore Strait Times , Member States , Ssentix Investor Confidence , Current Situation Index , Hamburg Commercial Bank ,

Eurozone Sentix rises to -3.6, window for ECB rate cut limited

Eurozone Sentix Investor Confidence rose from -5.9 to -3.6 in May, above expectation of -4.8. This marks the seventh consecutive increase and the highest level since February 2022. Additionally, Current Situation Index climbed from -16.3 to -14.3, marking seven consecutive increases and reaching its highest point since May 2023. Expectations Index also saw growth, rising from 5.0 to 7.8, marking eight consecutive increases and reaching its highest level since February 2022. ....

Eurozone Sentix Investor Confidence , Current Situation Index ,

Swiss Franc and Yen Soft on Rising Yields and Metals

These development keeps Swiss Franc and Yen as the worst performers for the day so far. Australian Dollar is leading other commodity currencies higher. Dollar, Euro and Sterling are positioned in the middle with the greenback having a slight disadvantage. ....

Hong Kong , United Kingdom , Eco Watchers , A Ministry Of Health , Swiss Franc , China Shanghai , Singapore Strait Times , Ssentix Investor Confidence , Current Situation Index , Expectations Index , Watchers Survey , Trade Balance ,