Actual: 2.369K Forecast: 3.000K Previous: -2.760K
We will focus on the release of ADP measure of private-sector employment for June. The ADP data is expected to rise by 3.000K last month. A higher than expected reading should be taken as positive for the US Dollar.
But says that the balance of risks are to the downside Worryingly, indicators of rising unemployment are already revealing themselves There remains a great deal of uncertainty as to how many of the currently furloughed workers will be able to return to their j...
German Chancellor Merkel says we need to be prepared that an agreement with the UK may not be reached
BOJ has coped well with the impact from the virus fallout so far. Need to watch the benefits, side effects of policy. BOJ has been a pioneer of policy tools. Does not think that BOJ is financing debt with its operations. Must respond early depending on econ...
UK June final manufacturing PMI 50.1 vs 50.1 prelim
Actual: 47.4 Expected: 46.9 Previous: 39.4
Germany June final manufacturing PMI 45.2 vs 44.6 prelim
Actual: 6.4% Forecast: 6.6% Previous: 6.3%
1.Manufacturing PMI Numbers Keep your eye on a report on activity in the manufacturing sector. German Manufacturing PMI will be announced and it is expected to come out at 44.6 while Eurozone Manufacturing PMI is expected to be 46.9 in June. A reading below 50...
Mnuchin: Working with House and Senate on additional financial relief by end of July Hope to pass bill to repurpose PPP funds by the end of July with bipartisan support Working with the House and Senate on additional relief by end of July ...
Fauci: In reality only 50% of the US shut down US is going in the wrong directions US could see 100,000 new infections a day US not in control of the virus In reality only 50% of the US shut down in comparison about 95% of Europe...
Fed Williams: There are indications that recovery slowing in states with outbreaks We have likely see the low point of the downturn Economy recovery depends on the virus containmen
GOLD CLIMBS ABOVE $1,800/OZ FOR THE FIRST TIME SINCE 2011
US health official Fauci: No guarantee US will have safe and effective vaccine for COVID-19
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