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

Exclusive Capital Ltd. Review

Friday, 19 Apr, 2019 / 9:14

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.exclusivecapital.com/eur-down-usd-up-as-global-pmis-disappoint-us-housing-starts/

Trading news

 

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 [...]

Posted on Friday, 23 Aug, 2019 / 9:50 under

Market updates on August 23

Key events ahead: - Canada’s core retail sales – 15:30 MT (12:30 [...]

Posted on Friday, 23 Aug, 2019 / 8:44 under

US Manufacturing Contracts, According To IHS Markit

The flash manufacturing data from the IHS Markit showed that manufacturing PMI [...]

Posted on Friday, 23 Aug, 2019 / 8:39 under