Australia’s PMI Manufacturing remained steady at 49.6 in April, a joint 9-month high. PMI Services dropped slightly from 53.6 to 53.1, while PMI Composite decreased from 53.0 to 52.6. Warren Hogan, Chief Economic Advisor at Judo Bank, noted that PMI remains “firmly in expansionary territory,” and pointed to growth at “around the long-term trend rate, […]
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EUR/USD: Hawkish Sentiments of the Fed As expected, the key day of last week was Wednesday, 12 June. After the publication of inflation data in the USA, the dollar came under strong pressure. Fresh figures Read more…
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Fast-fashion retailer Shein has big plans for the future, and it’s not afraid to make some controversial changes along the way to accomplish those goals. In the midst of its alleged ambitions to pursue an Read more…