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US Manufacturing flash PMI data falls below 50- EUR/USD rises
The US April flash PMI data has just been released and it has all missed on the downside. The reaction across the markets has seen the dollar fall back across the board. The EUR/USD has now lifted above 1.07 on this news. The USD/JPY has fallen back as US yields fall. The US stock markets have all risen on this news too. The manufacturing index has dropped to below 50 (49.9) where the markets expected a number around 52, where it was last time.
Market News
All News-
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US stocks turn lower as US data awaits - Dow Jones leads the way
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
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Bitcoin has a look at 95k this afternoon
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
