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United States Richmond Fed Manufacturing Index came in at 4 below forecasts (9) in June
United States Richmond Fed Manufacturing Index came in at 4 below forecasts (9) in June
Fxstreet
Tue, Jun 23
“Global imbalances are growing and may also be fuelling financial stability risks”: BoC's Macklem
Bank of Canada (BoC) Governor Tiff Macklem said on Tuesday that global imbalances are increasing and may risk financial stability.
USD/CAD
Fxstreet
Tue, Jun 23
United States S&P Global Manufacturing PMI above expectations (54.8) in June: Actual (55.7)
United States S&P Global Manufacturing PMI above expectations (54.8) in June: Actual (55.7)
Fxstreet
Tue, Jun 23
United States S&P Global Services PMI came in at 51.3, above forecasts (51) in June
United States S&P Global Services PMI came in at 51.3, above forecasts (51) in June
Fxstreet
Tue, Jun 23
United States S&P Global Composite PMI up to 52.2 in June from previous 51.5
United States S&P Global Composite PMI up to 52.2 in June from previous 51.5
Fxstreet
Tue, Jun 23
Fed: Warsh era keeps markets guessing – NBC
National Bank of Canada (NBC) Economics and Strategy team, led by Taylor Schleich, Ethan Currie and Vy Le, argues that Kevin Warsh’s Federal Reserve (Fed) is deliberately increasing policy ambiguity by stripping out forward guidance.
Fxstreet
Tue, Jun 23
United States Redbook Index (YoY) up to 10% in June 19 from previous 9.4%
United States Redbook Index (YoY) up to 10% in June 19 from previous 9.4%
Fxstreet
Tue, Jun 23
Euro: Softer PMIs challenge ECB tightening case – BNY
Geoff Yu at BNY highlights that Eurozone PMIs remain weak despite a slightly better-than-expected composite reading. Core economies like Germany and France continue to underperform, with German services at a 43‑month low.
EUR/USD
Fxstreet
Tue, Jun 23
United States ADP Employment Change 4-week average increases to 30.75K
Private-sector hiring in the US has increased in early June. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 30.75K jobs per week in the four weeks ending June 6.
US Dollar Index
Fxstreet
Tue, Jun 23
United States ADP Employment Change 4-week average: 30.75K (May 30) vs 25.5K
United States ADP Employment Change 4-week average: 30.75K (May 30) vs 25.5K
Fxstreet
Tue, Jun 23
Mexico Retail Sales (YoY) up to 4.4% in April from previous 2.9%
Mexico Retail Sales (YoY) up to 4.4% in April from previous 2.9%
Fxstreet
Tue, Jun 23
Mexico Retail Sales (MoM) climbed from previous 0.1% to 0.8% in April
Mexico Retail Sales (MoM) climbed from previous 0.1% to 0.8% in April
Fxstreet
Tue, Jun 23
US President Trump: Iran agreed to highest level nuclear inspections long into future
In a post published on Truth Social on Tuesday, United States (US) President Donald Trump claimed that Iran has "fully and completely" agreed to highest level nuclear inspections long into the future.
US Dollar Index
Fxstreet
Tue, Jun 23
Aluminium: Deficit persists despite higher output – ING
ING strategists Warren Patterson and Ewa Manthey say global Aluminium output is rising, including in China, Europe and Asia ex-China, but the market remains in deficit. They estimate around 3mt of capacity has been lost to Middle East disruptions and is unlikely to return quickly.
Fxstreet
Tue, Jun 23
Hungarian Forint: HUF strength supports easing path – Societe Generale
Societe Generale analysts expect the Hungarian central bank Magyar Nemzeti Bank (MNB) to cut rates by 25 bps to 6.0%, citing improved sentiment after Peter Magyar’s election victory and an EU-friendly policy stance.
EUR/HUF
USD/CZK
Fxstreet
Tue, Jun 23
Canadian Dollar: BoC patience persists with firmer CPI – TD Securities
TD Securities strategists note that Canadian headline Consumer Price Index (CPI) for May surprised to the upside, driven by energy and seasonal factors, while core measures remained stable near 2%.
USD/CAD
Fxstreet
Tue, Jun 23
Iran signals no early nuclear talks as it rules out missile negotiations
Iran reaffirmed its red line on military issues on Tuesday, as markets continue to monitor geopolitical developments in the Middle East.
US Dollar Index
WTI
Fxstreet
Tue, Jun 23
Fed: Warsh era brings quieter guidance – BNY
BNY’s John Velis and David Tam argue that Chair Kevin Warsh is steering Federal Reserve communications toward less forward guidance and a stronger emphasis on price stability.
Fxstreet
Tue, Jun 23
Indian Rupee: Support from flows and policy backdrop – DBS
DBS Group Research economist Radhika Rao notes that India’s 10Y government bond yield has remained confined between 6.90% and 7.05% as domestic and global drivers offset each other.
Fxstreet
Tue, Jun 23
WTI rebounds toward $73.50 as Iran's nuclear program uncertainty prevails
West Texas Intermediate (WTI) oil price extends losses for the second consecutive day, trading around $73.40 per barrel during the European hours on Tuesday. However, Crude oil prices pare its daily losses over persisting uncertainty surrounding Iran's nuclear program.
WTI
Brent
Fxstreet
Tue, Jun 23
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