Fed Chief Powell Speaks at Jackson Hole, Merkel Lifts the Pound Again
Today, the financial community is likely to lock its gaze at Fed Chair [...]
Trading news
EUR down, USD up as global PMIs disappoint; US housing starts
Market recap
EUR fell on the weaker-than-expected Eurozone preliminary purchasing managers’ indices (PMIs). In particular, the German manufacturing PMI was up only slightly to 44.5 from 44.1, missing expectations that it would recover to 45.0. The overall Eurozone manufacturing PMI also missed expectations, rising less than expected, while the Eurozone service sector PMI fell more than expected. As a result, the overall Eurozone composite PMI fell to 51.3 from 51.6 instead of rising slightly as had been expected.
Read more
Friday, 19 Apr, 2019 / 9:14
Source : https://www.exclusivecapital.com/eur-down-usd-up-as-global-pmis-disappoint-us-housing-starts/
Trading news
Key events ahead: - Canada’s core retail sales – 15:30 MT (12:30 [...]
US Manufacturing Contracts, According To IHS Markit
The flash manufacturing data from the IHS Markit showed that manufacturing PMI [...]
