Germany’s May manufacturing PMI hit 50.1, signalling expansion, boosting DAX, euro, yields, while needing confirmation.
Austria’s May unemployment fell to 301.7k, boosting bullish ATX and euro outlook amid firmer Eurozone data.
Austria’s unemployment fell to 7.1% in May, boosting ATX and euro outlook, complicating ECB cuts.
Markets shrugged renewed Middle East tensions; USD steady near 99, with options hedges favored ahead of ISM.
Spain’s May manufacturing PMI missed forecasts, signaling softer expansion and complicating ECB policy, pressuring euro, equities.
AUD/USD slips below 0.7200 as Middle East tensions boost USD; Fed hawkishness and weaker Aussie data.
Switzerland’s Q1 GDP growth slowed to 0.5%, raising SNB rate-cut odds and pressuring the franc.
EUR/USD steadied as US yields fell alongside Europe; ECB cut odds rise, US jobs key, volatility underpriced.
German retail sales fell 0.3% in April, signaling weak consumer demand and reinforcing expectations for ECB cuts.
German retail sales decline eased to -0.3% in April, boosting optimism for DAX, euro, and yields.
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