Eurozone Manufacturing PMI dropped to 45.6 in June, missing 47.9 estimate. Bloc’s Services PMI dipped to 52.2 in June vs. 53.5 anticipated. EUR/USD keeps losses below 1.0700 after German, Eurozone PMI data. The Eurozone manufacturing sector downturn gathered momentum again while the services sector activity deteriorated in June, according to the data from the HCOB’s latest purchasing managers […]
US ISM Services PMI rose more than expected in May. US Dollar Index edges higher toward 104.50 after the data. Business activity in the US service sector expanded in May, with the ISM Services PMI recovering to 53.8 from 49.4 in April. This reading came in above the market expectation of 50.8. Other details of […]
Share: According to the latest data published by the Australian Bureau of Statistics (ABS) on Wednesday, Australia’s monthly Consumer Price Index (CPI) rose 4.9% in the year to July 2023, as against the annual increase of 5.4% seen in June. The market had expected an increase of 5.2% in the reported period. developing story …. […]
Share: The Dow Jones Industrial Average gained 2% last week. DJIA index retreats 0.2% on Wednesday morning. FOMC minutes for June 13-14 meeting arrive Wednesday afternoon. 35,500 remains the primary Dow target for bulls. US June jobs report out on Friday with 225K the consensus. The Dow Jones Industrial Average (DJIA) edged down […]
