SMM Evening Comments (Apr 6): Shanghai Nonferrous Metals Closed Mostly with Losses on Signs of Economic Slowdown_SMM
Shanghai nonferrous metals closed mostly with losses in day trading.
Source: metal.com
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Top News In Us Markit Services Today - Breaking & Trending Today
Futures Take Cover As Commodities Go Apeshit
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
USD/JPY climbs and probes the neckline of a double-bottom amid a risk-off market mood
Broad US Dollar strength weighs on the Japanese yen, with the USD/JPY up 0.10%. A risk-off market mood keeps the safe-haven US dollar bid while the J
Source: fxstreet.com
FX Week Ahead - Top 5 Events: Canada, Eurozone, Japan, & UK Inflation Rates; US Manufacturing PMI
A decidedly lighter economic calendar has traders watching inflation data and bond markets in the middle of October.
Source: dailyfx.com
US: Markit Services PMI rises to 70.4 (final) in May from 64.7 in April
6/3/2021 1:51:40 PM GMT | By Eren Sengezer US Markit Services PMI posted new series high in May. US Dollar Index continues to push higher toward 90.50. The business activity in the US service sector expanded at a record-setting pace in May with the Markit Services PMI climbing to a new series-high of 70.4 from 64.7 in April. This reading came in higher than the flash estimate and the market expectation of 70.1. Meanwhile, the IHS Markit further reported that the Composite PMI improved to 68.7 from 63.5. Commenting on the data, "the US economic recovery ...
Source: fxstreet.com