mask Italian Prime Minister Conte's Promise for a Radical Change and to stay on EU boosted the Euro further

06/ 06/ 2018

Italian Prime Minister Conte's Promise for a Radical Change and to stay on EU boosted the Euro further

Daily Update - 6th June 2018

Yesterday’s Market

  • Euro Markit Composite
  • US ISM Non-Manufacturing

Yesterday’s Focus

Euro Strengthened against the Dollar yesterday as Euro was majorly looming around the Geo-Political Tensions around the Italian Political arena. Markit composite was negative regardless of the Economic outlook of US and or Euro Zone the markets were completely dependent on the Geo-Political Tensions and the Trade Wars amongst the biggest economies globally.

US ISM Non-Manufacturing reports was Positive yet again another consecutive data from US which has exceeded expectations.

 

Today’s Markets

  • AUD GDP
  • US Trade Balance & Non-Farm Productivity

Today’s Focus

AUD will release their Gross Domestic Production Reports by Early Dawn Today and this will give the Investors a clear indication of their current production conditions of the country.

US will release their Trade Balance and Non-Farm productivity which both gives investors a clear insight on the country’s Economic condition and Production Demands and Supply