The IHS Markit US Manufacturing PMI jumped to 63.10 in July from 62.1 in June and above market forecasts of 61.9.
The IHS Markit US Services PMI fell to 59.8 in July from 64.6 in the previous month and well below analysts’ estimates of 64.8.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1765 level. Source: xStation5
BREAKING: US Labor Market Cools While Consumer Confidence Beats
Economic calendar: Markets await US Jolts and Conference Board data
BREAKING: Eurozone inflation CPI lower than expected
Weak retail sales data from Germany 📌Consumers under pressure?