Page 4 - நிறுவனம் ஆஃப் விநியோகி மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

July 6, 2021 Daily FX Market Roundup 07.06.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management The June FOMC meeting minutes is one of this week’s key event risks. The Federal Reserve grew less dovish last month by opening the door to the discussion of reducing asset purchases but since then disappointing U.S. data has investors questioning the timing of taper and ruling out an interest rate hike. Although Friday’s non-farm payrolls report showed the strongest job growth in 10 months, average hourly earnings and the jobless rate fell short of expectations. Today, the Institute of Supply Management reported a slowdown in service sector growth with their non-manufacturing index falling from 64 to 60.1. This was not only weaker than anticipated but the worse reading in 4 months.

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