The ISM’s manufacturing and non-manufacturing PMI’s, released earlier this week, suggest that while the activity in both the sectors has improved from a month ago, the employment sub-indexes painted a mixed picture. The ISM’s manufacturing data showed that the employment index rose to 57.2, compared to 53.5 in May. But the non-manufacturing dat...
The currency markets opened on Monday on a quiet note with most of the trading confined to the Asian and European sessions. The US and Canadian markets were closed on Monday. Economic data during the day was confined to the services PMI across various economies. In the Eurozone, the composite PMI fell to a 19-month low at 52.9 and falling below ...
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