Previous Trading Days Events 23.04.2024

Winners vs Losers

AUDJPY is on the top of the weekly list of gainers with 1.57 gains. Silver regained some of the performance yesterday reaching 9.04 again for this month and leading.

News Reports Monitor Previous Trading Day 23.04.2024

Server Time Timezone EEST UTC 0300

Midnight Night Session Asian

No special news announcements, no major scheduled figure releases. 

Morning Day Session European and N. American Session

The Manufacturing and Services PMI figures

Eurozone PMIs

The French economy stabilised in April as renewed expansion in services activity offset the manufacturing sector contraction. The reported PMI in Manufacturing worsened to 44.9 but the services PMI turned to the expansion area with a reported PMI at 50.5 points.  Private sector output levels remained unchanged from those seen in March. Services business activity increased for the first time since May 2023.

The German business sector returned to growth at the start of the second quarter driven by growth in services business activity. The manufacturing PMI remains in contraction while the services sector PMI reported a significant improvement to 53.3 points, turning in expansion. Although manufacturing remained in contraction, the rate of decline in factory production eased and confidence amongst goods producers towards the outlook reached the highest for a year. 

The Eurozone PMI for services was reported improved. It shows that the…