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2024-06-21 08:56:42

NZD/USD Trades Sideways Ahead of US Manufacturing PMI on Nostr: US PMI Data Confirms Ongoing Expansion in Business Activity in June =============== ...

US PMI Data Confirms Ongoing Expansion in Business Activity in June
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#79b66922 ver:1.13

Positive US PMI data confirms ongoing expansion in business activity, while China's upbeat PMI data improves global economic outlook. Commodity dollars like AUD and NZD may benefit from an improving Chinese economy, but US economic performance and the Federal Reserve's reaction will also play a role. New Zealand exits technical recession with tepid Q1 GDP growth. S&P Global preliminary PMIs for June expected to confirm US business activity expansion. PMI data release on June 21, 2024, will impact USD and gold prices. EUR/USD needs to climb above 1.0790-1.0800 to attract buyers. #PMI #economy #USD #commoditydollars #GDP...

#newstr #Nzd/usd #UsManufacturingPmi #CommodityDollars #ChineseEconomy #NewZealandEconomy #GlobalMarkets #CentralBanks #GdpGrowth #BondAuctions #FiscalRisks

https://here.news/story/79b66922?ver=1.13
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