Topics: PMI

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...

Crosses rally on robust PMIs

Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...

Oil jumps Five months high on firmer China data, prospect of fresh supply crubs

Oil prices climbed to nearly five-month highs on Tuesday, supported by firm Chinese economic data that eased demand concerns, the possibility of more sanctions...
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