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Good evening, it's Wednesday, March 5, 2025, and here's your two-minute news update.Global Economic IndicatorsSeveral key economic data points were released today: Switzerland: The Consumer Price Index (CPI) increased by 0.6% month-over-month, surpassing the expected 0.5% rise and rebounding from a previous decline of 0.1%. Eurozone: France: Industrial Production decreased by 0.6% month-over-month, missing forecasts of a 0.5% increase and following a 0.5% decline previously. Spain: The Services PMI rose to 56.2, exceeding expectations of 55.4 and up from 54.9. Italy: The Services PMI improved to 53.0, above the anticipated 50.9 and the prior 50.4. Germany: The Final Services PMI edged down to 51.1 from 52.2. United States: The ADP Non-Farm Employment Change reported an addition of 77,000 jobs, significantly below the forecasted 141,000 and the previous 186,000. investing.com The ISM Services PMI increased to 53.5, surpassing expectations of 52.5 and the prior 52.8. Factory Orders rose by 1.7% month-over-month, aligning with forecasts and rebounding from a 0.6% decline.
Stay tuned for more market updates! 🎙️📉 #Forex #Markets #Trading.If you enjoy these updates, consider supporting the podcast at Buy Me a Coffee! ☕🚀
[https://buymeacoffee.com/jicoing]Podcast - https://podcasts.apple.com/us/podcast/omnpods-market-update/id1787972585
Good evening, it's Wednesday, March 5, 2025, and here's your two-minute news update.Global Economic IndicatorsSeveral key economic data points were released today: Switzerland: The Consumer Price Index (CPI) increased by 0.6% month-over-month, surpassing the expected 0.5% rise and rebounding from a previous decline of 0.1%. Eurozone: France: Industrial Production decreased by 0.6% month-over-month, missing forecasts of a 0.5% increase and following a 0.5% decline previously. Spain: The Services PMI rose to 56.2, exceeding expectations of 55.4 and up from 54.9. Italy: The Services PMI improved to 53.0, above the anticipated 50.9 and the prior 50.4. Germany: The Final Services PMI edged down to 51.1 from 52.2. United States: The ADP Non-Farm Employment Change reported an addition of 77,000 jobs, significantly below the forecasted 141,000 and the previous 186,000. investing.com The ISM Services PMI increased to 53.5, surpassing expectations of 52.5 and the prior 52.8. Factory Orders rose by 1.7% month-over-month, aligning with forecasts and rebounding from a 0.6% decline.
Stay tuned for more market updates! 🎙️📉 #Forex #Markets #Trading.If you enjoy these updates, consider supporting the podcast at Buy Me a Coffee! ☕🚀
[https://buymeacoffee.com/jicoing]Podcast - https://podcasts.apple.com/us/podcast/omnpods-market-update/id1787972585