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1 Jun 2017

US: Rapid revisions in data – ANZ

Analysts at ANZ point out that the Chicago PMI threw traders for a loop today after initially being reported at 55.2 (mkt: 57.0; last: 58.3) with all underlying indicators reportedly lower.

Key Quotes

“After, about 1.5 hours it was subsequently revised to 59.4 with production and employment rising at a faster pace in May. The index is now at the highest level since November 2014. Elsewhere, pending home sales disappointed, falling 1.3% m/m in April, while the Fed Beige Book was little changed.”

Jun 1, 2017

Moody’s: Australian banks asset quality remains strong

Reuters reporting key highlights from Moody's latest Australian banking sector report. Key Points: Funding profiles, capitalization of Australian ba
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Jun 1, 2017

EUR/USD: Bulls take a breather, retreats from 1.1260 ahead of PMIs

EUR/USD extended its upbeat momentum into a third day on Thursday, although the bulls faced exhaustion just short of 2017 tops of 1.1268, now pushing
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