Unexpectedly Robust US Flash PMIs Drag Down Equities and Currencies
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#142fda0b ver:0.53

Unexpectedly strong US flash PMI data caused the USD to strengthen, dragging down equities and currencies. EUR/USD declined to 1.0808. ECB's potential interest rate cut and Atlanta Fed President's hawkish remarks contributed to the USD's strength. US stocks fell, Nasdaq the least. Asian markets opened lower. Japan's CPI slowed, New Zealand's consumer confidence higher. China's bond auction saw strong support. Nvidia cut prices in China due to abundant supply. No major economic events in Asian time zone on May 24th. #USD #PMI #equities #currencies #EURUSD #ECB #interestrates #stocks #Asia...

#newstr #Eur/usd #UsPmiData #GermanGdp #FedecbDivergence #Equities #Currencies #Usd #Jpy #Nasdaq #AsianMarkets 

 https://here.news/story/142fda0b?ver=0.53