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May PMIs are Today's Main Event - Action Forex

In the euro area, focus turns to the May PMIs. The economy has started the year on a strong footing with composite PMI above 50 in the past two months. We expect that the service PMIs will remain around the 53 level while the manufacturing sector should rebound slightly to 46, still indicating weakness. We will look out for especially the services price and employment indexes as these remain strong, leaving upside risks to domestic inflation, and in turn may reduce the ECB's rate cut appetite in the second half of the year. ....

Hong Kong , United Kingdom , Grant Shapps , Monetary Policy Committee , Labour Party , Atlanta Fed , Revised Boe , Russian President Vladimir Putin ,

May PMIs are today's main event

May PMIs are today's main event
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Hong Kong , United Kingdom , Grant Shapps , Monetary Policy Committee , Labour Party , Atlanta Fed , Russian President Vladimir Putin ,