Daily Update - 31st May 2018
The towards trajectory of the euro was strongly reversed after European politics breathe a sigh of relief on headlines that the 5-Star Movement has called for Paolo Savona to withdraw his candidacy for economic minister and after the headlines that the Five Star’s Di Maio was sais not to be seeking alliance with Lega anymore. The 10 year bond yields have seen a reversal of yesterday’s flight to safety as well, and the major European markets have all stages comebacks. While on the US arena GDP figures lacked the push and they resulted on a weaker dollar and Stronger Rival currencies. The G7 are due to meet about a range of global economic issues, including growth, regulation, and finance, in British Columbia Euro will release its Consumer Price Index which gives us an insight into their current Inflation Levels & Purchasing Trend of Europe Zone. During the latter part of the day US will release its reports on Initial Jobless Claims which will give us a clear idea on their current Job sector growth or its drawbacks of the same. Followed by US Core Personal consumption figures which will indicate US Inflation trend. Yesterday’s Market
Yesterday’s Focus
Today’s Market
Today’s Focus
