USDX
106.576

0.24%

XAUUSD
1827.92

0.38%

WTI
83.632

0.24%

EURUSD
1.05272

0.23%

GBPUSD
1.21611

0.22%

USDJPY
148.481

0.41%

USNDAQ100
14795.97

0.22%

Global Markets
News
New AI Signals
Analysis

From Institutions From Analysts

Latest Views

Latest Views

Columns

Topics Columnists

Trending Topics

Daily News

To quickly learn market dynamics and follow market focuses in 15 min.

Central Bank

Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.

Traders' Opinions

View trading ideas and learn trading strategies.

Forex

Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.

Top Columnists

FastBull Featured

The latest breaking news and the global financial events.

Devin

I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.

Mohammad Omar

BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.

Jan Aldrin Laruscain

Jan Aldrin Laruscain is a market analyst of Forexway and enthusiast in trading currencies and indices. With his degree and passion for Finance, he have devised a specific way of trading which breaks down the market through orderflow analysis with deep consideration for fundamentals. He also write and create commentaries on the latest trends about all things finance!

7x24
Economic Calendar
Quotes

Data

Data Warehouse Market Trend Institutional Data Policy Rates Macro

Market Trend

Speculative Sentiment Orders and Positions Correlation

Popular Indicators

Pro

Business

White Label

Data API

Web Plug-ins

Recent Searches
    Trending Searches
      News
      Analysis
      7x24
      Quotes
      Economic Calendar
      Data
      • Names
      • Latest
      • Prev.

      View All

      No data

      Sign in

      Sign up

      Upgrade to Pro Freely

      --

      • My Favorites
      • Following
      • My Subscription
      • Profile
      • FastBull Pro
      • Account Settings
      • Sign Out

      Scan to download

      Faster Financial News and Market Quotes

      Download App
      Reminder Settings
      • Economic Calendar
      • Quotes/Market Quotes

      Reminders Temporarily Unavailable

      I have a redeem code

      Rules for using redeem codes:

      1. The activated redeem code cannot be used again

      2. Your redeem code becomes invalid if it has expired

      Redeem

      FastBull Membership Privileges

      Quick access to 7x24

      Quick access to more editor-selected real-time news

      Follow more assets

      You can add more assets to your watchlist to follow more real-time quotes.

      More comprehensive macro data and economic indicators

      More comprehensive historical data on indicators to help analyze macro markets

      Share to get free Pro
      Upgrade to FastBull Pro
      Back to member privileges
      Share to get free Pro Upgrade to FastBull Pro

      Share to get 1-year PRO for free

      Invite new users to Click on your sharing link. After they complete registration and login, you can get one-year membership.
      Share the link to get membership
      Copy

      FaceBook

      Twitter

      Linkedin

      Line

      Email

      Whatsapp

      Telegram

      Scan QR code with mobile phone

      Upgrade to FastBull Pro

      I have read and agreed to the
      Pro Policy
      Feedback
      0 /250
      0/4
      Contact Information
      Submit

      Eurozone PMI Suggests the Region May Already Be in Recession

      Devin
      Summary:

      The third decline in a row for the eurozone PMI indicates that business activity has been contracting throughout the quarter.

      The third quarter clearly marks a turning point for the eurozone economy. After a strong rebound from contractions caused by the pandemic, the economy is now becoming more severely affected by high inflation both at the consumer and producer level. Led by Germany, which saw its composite PMI drop to 45.9 in September, the eurozone saw its composite PMI fall to 48.2. Both services and manufacturing output are well below 50 at 48.9 and 46.2, respectively, signalling broad-based contracting business activity.
      The manufacturing sector is bearing the brunt of the problems. Supply chain problems still disturb production, but weaker global demand has caused backlogs of work to fall as new orders are decreasing quickly. Incidental production stoppages due to high energy costs are also adding to declining production in the sector.
      But with the tourism season behind us, there are few opportunities left for any marked catch-up effects in the eurozone economy. That has pushed the services PMI deeper into negative territory as consumers are starting to become more cautious in spending as energy bills rise across the monetary union. Overall, the view of a eurozone economy moving into recession seems confirmed by the gloomy September PMI survey.
      The surge in gas and electricity prices in August is now leading to further price pressures emerging for businesses in September, even though other costs have been moderating due to weakening global demand. This confirms the stagflationary environment that the eurozone is currently in. The ECB has made clear that it will continue to hike in a determined manner for the short-run, as it tries to battle stubbornly high inflation. A 75 basis point hike in October is therefore definitely on the table, despite a weakening economy.

      Source: ING

      Risk Warnings and Investment Disclaimers
      You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or strategy, or any other product is suitable for you based on your investment objectives and financial situation.

      Quick access to 7x24

      Quick access to more editor-selected real-time news

      Exclusive video for free

      FastBull project team is dedicated to create exclusive videos

      Follow more assets

      You can add more assets to your watchlist to follow more real-time quotes.

      More comprehensive macro data and economic indicators

      More comprehensive historical data on indicators to help analyze macro markets

      Member-only Database

      Comprehensive forex, commodity, and equity market data

      7x24
      Real-time Quotes

        Nothing on your watchlist! Go to add

        Watchlist
        Economic Calendar
        • Economic Calendar
        • Events
        • Holiday
        Policy Rates
        BANKS ACT (%) PREV (%) CPI (%)
        Relevant News
        Speculative Sentiment
        SYMBOL
        LONG SHORT
        FastBull
        English
        English
        العربية
        繁體中文
        简体中文
        Bahasa Melayu
        Bahasa Indonesia
        ภาษาไทย
        Tiếng Việt
        Telegram Instagram Twitter facebook linkedin App StoreGoogle Play
        Copyright © 2023 FastBull Ltd
        Home News AI Signals Analysis Columns 7x24 Economic Calendar QuotesData WarehousePro User Agreement Privacy Policy About Us

        Risk Disclosure

        The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

        No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.

        Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.