UK’s Sunak: Need to focus on driving strong economic recovery
“We need to focus on driving a strong economic recovery,” the UK Finance Minister Rishi Sunak
EUR/USD remains upbeat above 1.2200 amid softer USD, ahead of Germany data
EUR/USD refreshes daily high in the Asian session. US Treasury yields undermine the demand for the
US: Chicago Fed National Activity Index drops to 0.24 in April from 1.71
Chicago Fed National Activity Index declined modestly in April. US Dollar Index stays in the
Australia: Solid capex upgrades expected for Q1 – ANZ
Analysts at Australia and New Zealand (ANZ) Banking Group offer their expectations on the Australian
New Zealand: Rise in Retail Sales indicates upside risk for March quarter GDP growth – Westpac
Satish Ranchhod, Senior Economist at Westpac, offered his afterthoughts on New Zealand’s Retail Sales data released
Canada: Retail Sales increase by 3.6% in March vs. 2.3% expected
Retail Sales in Canada increased more than expected in April. USD/CAD continues to trade in
US: Manufacturing and Services PMIs reach new series highs in May
US Manufacturing PMI rose to a new series high in May. US Dollar Index rose
Eurozone Preliminary Manufacturing PMI beats estimates with 62.8 in May
Eurozone Manufacturing PMI arrives at 62.8 in May vs. 62.5 expected. Bloc’s Services PMI expands
EUR/GBP surrenders intraday gains despite mostly upbeat Eurozone PMIs
EUR/GBP met with some supply following the release of softer German Manufacturing PMI. Upbeat Services
Eurogroup Head Donohoe: Prospects for Eurozone are improving
“We are in a far better place now than in recent months,” Eurogroup President and