- US Manufacturing PMI decreased to 57.5 in May from 59.2 in April, below forecasts of 57.9, preliminary estimates showed;
- US Services PMI fell to 53.5 in May from 58.9 in the previous month and well below market consensus of 57.4, a preliminary estimate showed;
EURUSD is trading higher today and today’s data provided more fuel for bulls. The main currency pair approaches a short-term resistance zone in the 1.0735 area. Source: xStation
Daily summary: Sense of relief to global markets🎢 OIL prices dip 8%🚨
BREAKING: US ISM Manufacturing - Strong Beat Across the Board
Eurozone PMIs: German Factory Revival Masks Underlying Stagnation 🇪🇺
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