Key News
China’s HSBC manufacturing PMI in May declinedChina “must intensify precautionary adjustment and fine tuning of policies,”
Risk appetite dropped yesterdayUS equities Asia stock indices
FX markets
FX markets:
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- EU summit focused on growth and Greece. The leaders discussed Eurobonds as well as a common deposit insurance scheme.
- China’s HSBC manufacturing PMI declined to 48.7 in May from 49.3 in April.
- EUR/USD dropped to a two-year low on concerns of a Greek exit.
- Focus today will be on euro area PMIs, German IFO and the first release of US PMIs
Markets Overnight
EU summitChina’s HSBC manufacturing PMI in May declinedChina “must intensify precautionary adjustment and fine tuning of policies,”
Risk appetite dropped yesterdayUS equities Asia stock indices
FX markets
Global Daily
Focus today:FX markets:
Disclosure
Analyst certification
Regulation
Conflicts of interest
Financial models and/or methodology used in this research report
Risk warning
Expected updates
First date of publication
General disclaimer
Disclaimer related to distribution in the United States