Markets

The Euro remains on the defensive against the US Dollar. Stock markets in Europe maintain the positive streak on Wednesday.

The S&P Global Preliminary Manufacturing PMI for August is expected to improve and the Services PMI to stabilize. Any deviation

USD/JPY extends the previous day’s losses and continues to fall for the second day in a row. Intervention fears and

EUR/JPY fell for the second day in a row and hit a two-week low on Wednesday. Dismal German PMIs are

USD/JPY seems likely to continue rising on the near-term horizonaccording to Lee Sue Ann, UOB Group Economist, and Quek Ser

DXY Index extends bullish momentum to new highs. The dollar maintains its bullish trend awaiting the Jackson Hole meeting. The

UK manufacturing PMI dips to 42.5 in August, below expectations of 45.0. UK services PMI shrinks to 48.7 in August,

Eurozone manufacturing PMI improves to 43.7 in August, beating estimates of 42.6. The bloc’s services PMI falls to 48.3 in

EUR/GBP fell for the second day in a row and fell to a one-year low on Wednesday. Disappointing German PMIs

The price of Silver is moving higher for the fifth day in a row and jumps to a near three-week