Fx Primus Rebates

Eurozone May retail PMI 51.7 vs 48.6 prior

Latest data released by Markit – 6 June 2018 Slight delay in the release by the source. A decent bounce after seeing last month’s reading fall into contraction territory. A minor data point, but at least it shows a decent bounce in consumer/retail sentiment.

Fx Primus Rebates

Germany May construction PMI 53.9 vs 50.9 prior

Latest data released by Markit – 6 June 2018 Slight delay in the release by the source. A positive bounce after the bottom posted in March, which was attributed to poor weather conditions. A minor data point though. Right now, the focus on the euro has shifted to the ECB rhetoric ahead of next week’s…

Fx Primus Rebates

Switzerland May CPI +0.4% vs +0.3% m/m expected

Latest data released by the Federal Statistics Office – 6 June 2018 Positive beats on Swiss inflation figures. That would continue to help boost the SNB outlook on inflation. And with decent economic data since last year, it could help to push forward the tightening cycle for the SNB by a little.

Fx Primus Rebates

Eurostoxx futures +0.2% in early European trading

European equity futures are higher in early trades Positive tones all around the equities market, after US stocks shrugged off any trade worries with tech stocks outperforming once again. And that so far has been giving Asian stocks some added fuel on the week and it’s translating to Europe too.

Fx Primus Rebates

Nikkei 225 closes higher by 0.38% at 22,625.73

Tokyo’s main index posts another positive daily close on the week Another day of gains for Japanese stocks and Asian stocks in general. The market is taking the positive signal from US tech stocks yesterday – where the Nasdaq closed at another record high – and going with that at the moment. The trade rhetoric…