Markets.com Logo
euEnglish
LoginSign Up

Morning Note: PMI Readings, Inflation Trends, and Support Levels to Watch

Jan 6, 2025
3 min read
Table of Contents
  • 1. PMI, German Inflation, SP500 and Apple approaching support 
  • 2. Eurozone services PMI 
  • 3. US Services PMI showing good results 
  • 4. German Inflation on the radar 
  • 5. Aussie testing relevant support in the daily chart 
  • 6. SP500 close to its all-times-high 
  • 7. Apple approaching support level in a solid uptrend 

Eurozone services PMI

 

PMI, German Inflation, SP500 and Apple approaching support 

 

The financial market will face a challenging scenario at the beginning of 2025, with important economic indicators and technical movements being closely monitored by global investors.  

 

Here are the main events that can move the markets this Monday:

 

Eurozone services PMI 

The PMI for the services sector for the Eurozone continues to show readings close to 50, a level that indicates a possible scenario of stagnation. However, several European countries have presented readings below this level, reflecting concerns about growth in 2025. Since the PMI measures companies' perception of the economy, these readings may negatively influence expectations for the Euro and European stocks. 

 

US Services PMI showing good results 

In the US, the service sector PMI presents a different reality from Europe. Recent readings have remained around 55. Today's forecast is 58.5, and a reading above this value may further strengthen the US dollar against its counterparts in the short term, consolidating the positive scenario for the sector. 

 

German Inflation on the radar 

The monthly Consumer Price Index (CPI) for Germany will be released today. As Europe's largest economy, German data is seen as a barometer for the European economy as a whole. The previous reading of -0.2% pointed to deflation in the short term, which could be even more dangerous than a controlled inflation. This data comes amid significant challenges facing Germany, both in the industrial sector and political arena, elements that could negatively influence the future economic outlook. 

 

Aussie testing relevant support in the daily chart 

The AUDUSD, after falling more than 11%, is now sitting at the most relevant support region in the daily chart in recent months. The last candles are starting to show signs of buying interest that could be considered a possible ignition scenario. The question that arises is whether the AUDUSD is ready to start a bullish pullback over the next few days, signalling a possible temporary relief in the selling pressure. 

 

SP500 close to its all-times-high 

The SP500 remains close to its all-time high, with no technical evidence to suggest sharper pullbacks. With Donald Trump back in office and his promises of economic stimulus, the question remains whether these policies will be enough to sustain the upward trend throughout 2025. 

 

Apple approaching support level in a solid uptrend 

Apple shares have fallen more than 6% since December 26 and are now approaching a former resistance zone that could act as support on the daily chart. This level will be a key point in determining whether the price will be able to sustain the upward trend or whether selling pressure will prevail.

These events and data reinforce the importance of closely monitoring market behaviour and possible short—and medium-term economic implications. The focus remains on macroeconomic data and technical movements that could provide information for investors' next steps. 

 


When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.  

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. 


Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.

Dyogenes Diniz
Written by
Dyogenes Diniz
SHARE

Markets

  • Palladium - Cash

    chartpng

    --

    -1.45%
  • EUR/USD

    chartpng

    --

    0.32%
  • Cotton

    chartpng

    --

    1.16%
  • AUD/USD

    chartpng

    --

    0.63%
  • Santander

    chartpng

    --

    2.86%
  • Apple.svg

    Apple

    chartpng

    --

    -0.27%
  • easyJet

    chartpng

    --

    6.98%
  • VIXX

    chartpng

    --

    -2.75%
  • Silver

    chartpng

    --

    -0.74%
Tags DirectoryView all
Table of Contents
  • 1. PMI, German Inflation, SP500 and Apple approaching support 
  • 2. Eurozone services PMI 
  • 3. US Services PMI showing good results 
  • 4. German Inflation on the radar 
  • 5. Aussie testing relevant support in the daily chart 
  • 6. SP500 close to its all-times-high 
  • 7. Apple approaching support level in a solid uptrend 

Related Articles

IBO stock up 200% today: what’s going on with Impact Biomedical

IBO stock up 200% today: the recent surge in Impact Biomedical’s stock price has caught the attention of the investment community.

Ghko B|about 24 hours ago

Morning Note: Mideast Tensions Drive Oil & Gold Volatility; Tesla Rolls Out Robotaxi

Oil prices briefly surged to five-month highs as investors anxiously awaited a potential Iranian response to U.S. strikes on its nuclear facilities.

Tommy Yap|about 24 hours ago

Global tensions impacted crypto market: BTC over $100K, Cardano around $0.54

Global tensions impacted crypto market: the cryptocurrency market is often influenced by a myriad of factors, and recent global tensions have made a significant impact.

Ghko B|2 days ago
Markets.com Logo
google playapp storeweb tradertradingView

Contact Us

support@markets.com+12845680155

Markets

  • Forex
  • Shares
  • Commodities
  • Indices
  • Crypto
  • ETFs
  • Bonds

Trading

  • Trading Tools
  • Platform
  • Web Platform
  • App
  • TradingView
  • MT4
  • MT5
  • CFD Trading
  • CFD Asset List
  • Trading Info
  • Trading Conditions
  • Trading Hours
  • Trading Calculators
  • Economic Calendar

Learn

  • News
  • Trading Basics
  • Glossary
  • Webinars
  • Traders' Clinic
  • Education Centre

About

  • Why markets.com
  • Global Offering
  • Our Group
  • Careers
  • FAQs
  • Legal Pack
  • Safety Online
  • Complaints
  • Contact Support
  • Help Centre
  • Sitemap
  • Cookie Disclosure
  • Regulation
  • Awards and Media

Promo

  • Gold Festival
  • Crypto Weekend Trading
  • marketsClub
  • Welcome Bonus
  • Loyal Bonus
  • Referral Bonus

Partnership

  • Affiliation
  • IB

Follow us on

  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • Linkedin
  • Threads
  • Tiktok

Listed on

  • 2023 Best Trading Platform Middle East - International Business Magazine
  • 2023 Best Trading Conditions Broker - Forexing.com
  • 2023 Most Trusted Forex Broker - Forexing.com
  • 2023 Most Transparent Broker - AllForexBonus.com
  • 2024 Best Broker for Beginners, United Kingdom - Global Brands Magazine
  • 2024 Best MT4 & MT5 Trading Platform Europe - Brands Review Magazine
  • 2024 Top Research and Education Resources Asia - Global Business and Finance Magazine
  • 2024 Leading CFD Broker Africa - Brands Review Magazine
  • 2024 Best Broker For Beginners LATAM - Global Business and Finance Magazine
  • 2024 Best Mobile Trading App MENA - Brands Review Magazine
  • 2024 Best Outstanding Value Brokerage MENA - Global Business and Finance Magazine
  • 2024 Best Broker for Customer Service MENA - Global Business and Finance Magazine
LegalLegal PackCookie DisclosureSafety Online

Payment
Methods

mastercardvisanetellerskrillwire transferzotapay
The markets.com/za/ site is operated by Markets South Africa (Pty) Ltd which is a regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012. Markets South Africa (Pty) Ltd is located at BOUNDARY PLACE 18 RIVONIA ROAD, ILLOVO SANDTON, JOHANNESBURG, GAUTENG, 2196, South Africa. 

High Risk Investment Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full  Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

For privacy and data protection related complaints please contact us at privacy@markets.com. Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data.

Markets.com operates through the following subsidiaries:

Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08. Safecap is incorporated in the Republic of Cyprus under company number ΗΕ186196.

Finalto International Limited is registered  in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number  27030 BC 2023.

set cookie

set cookie

We use cookies to do things like offer live chat support and show you content we think you’ll be interested in. If you’re happy with the use of cookies by markets.com, click accept.