- Factory orders in the US rose 1.6% in May, from a upwardly revised 0.7% gain in April and beating market forecast of a 0.5% rise.
- Factory Orders Ex Transportation increased to 1.7%in May from upwardly revised 0.6% in April.
EURUSD saw a relatively small reaction to today’s release. The most popular currency pair continues to trade around 1.0260 level. Source: xStation5
Economic calendar: Speeches by central bankers; quarterly results from Ferrari, AMD, and Pfizer (04.11.2025)
Morning Wrap (04.11.2025)
Daily summary: Cryptocurrencies under pressure; US100 drives Wall Street
BREAKING: UK manufacturing PMI slightly above estimates 🇬🇧 📈