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2025-08-06 10:54:00 admin

U.S. ISM Services PMI Falls to 50.1 Near Contraction as S&P 500 Hits Session Lows – Key Market Reaction & Analysis

Key Points:ISM Services PMI decreased from 50.8 to 50.1.New Orders Index declined from 51.3 to 50.3.Employment Index pulled back from 47.2 to 46.4.On August 5, 2025, the Institute for Supply Management released ISM Services PMI report for July. The report indicated that ISM Services PMI declined from 50.8 in June to 50.1 in July, compared to analyst forecast of 51.5. Numbers above 50 show expansion.More information in our economic calendar.New Orders Index declined from 51.3 in June to 50.3 in J

2025-08-05 18:13:41 admin

OPEC+ Production Hike and Key Trendlines Point to More Downside for Natural Gas and Oil Prices – Market Forecast

Key Points:OPEC+ adds 547,000 bpd for September, reversing part of its 2.5 million bpd cut and intensifying supply pressures.Oil prices fall for the fourth straight session, with Brent and WTI hitting one-week lows amid oversupply concerns.Natural gas trades below key EMAs and trendline resistance, with weakness likely if $3.00 fails to break convincingly.Market OverviewCrude oil prices edged lower for a fourth consecutive session, with both Brent and WTI settling at their lowest in a week. The