September 23, 2025 a 02:31 am
Important Key Figures of the last few Days
The recent economic key figures present a mixed scenario for both the US and European economies. The consistent focus on PMI figures reflects underlying concerns about manufacturing and service sectors' health. Speeches from significant figures like Fed Chair Powell and ECB's Guindos indicate high market attentiveness, though specific outcomes remain awaited. Jobless claims provide a silver lining, showing improvement, yet the trajectory for broader economic growth necessitates careful monitoring.
🗣️ Fed and ECB Speeches
- Event: Fed Chair Powell Speech
- Event: ECB Guindos Speech
- Impact: Both speeches hold high importance, indicating potential monetary policy implications.
- Interpretation: These speeches are crucial for future guidance on economic and monetary policy within their respective regions.
📉 US Unemployment Data
| Indicator | Previous Value | Actual Value | Change | Impact on USD |
|---|---|---|---|---|
| Continuing Jobless Claims | 1927K | 1920K | -7K | Supportive of USD, indicating improvement in employment. |
| Jobless Claims 4-Week Average | 240.75K | 240K | -0.75K | Marginally positive for USD, demonstrating stability. |
| Initial Jobless Claims | 264K | 231K | -33K | Strongly supportive of USD due to a significant drop. |
📊 PMI Figures Analysis
| Region | Indicator | Previous | Estimate | Impact | Interpretation |
|---|---|---|---|---|---|
| US | S&P Global Manufacturing PMI (Sep) | 53 | 52 | High | A potential decline could signify slowing manufacturing growth, possibly pressuring the USD. |
| US | S&P Global Services PMI (Sep) | 54.5 | 53.9 | High | Service sector moderation might slightly dampen USD strength. |
| EU | HCOB Services PMI (Sep) | 50.5 | 50.5 | High | Stability indicates neutral effects on EUR. |
| EU | HCOB Manufacturing PMI (Sep) | 50.7 | 50.9 | High | Projected growth could slightly bolster EUR. |
Conclusion
The current economic figures display a nuanced impact on the USD. The improved labor market data serves as a supportive pillar, potentially fostering confidence in the US economy. However, the modest decline in PMI estimates may weigh on USD optimism. Therefore, while there are positive signals, cautious awareness remains essential regarding future developments.