Fx Primus Rebates

Italy March services PMI 52.6 vs 53.9 expected

Latest data released by Markit/ADACI – 5 April 2018 A decent miss for Italy. The composite reading is the lowest since January 2017. While it is a minor data point, it’s still one that feeds into overall Eurozone sentiment and how the economy is performing. And based on the recent turnaround after hitting the peak…

Fx Primus Rebates

Spain March services PMI 56.2 vs 56.0 expected

Latest data released by Markit – 5 April 2018 The first of the PMI readings for the Eurozone, a little lower compared to the prior figures. Looks like the bright spot in the Eurozone this year is also starting to see a turn to the downside. Not something you’d like to see if you’re the…

Fx Primus Rebates

Asian equities quick to forget about the pain yesterday

Major bourses in Asia are trading higher on the day Chinese and Hong Kong markets are closed, but Asian investors are picking up from Wall St’s positive turnaround in trading yesterday for the most part. The break in China is probably a welcome one, as that would mean less chances of trade tensions escalating for…