Analysts at ANZ explained the key data events from overnight. Key Quotes: “The June composite euro area PMI rose to 54.9, ending a run of four consecutive monthly declines from a high of 58.8 in January. Underlying the increase, new orders and employment indices both rose, but expectations of future activity continued to slide with the future output index at 63.4, compared with a high of 68.0 in January. Both input and output price indices rose. Services sector activity is strong, with the services PMI increasing from 55.0 to 55.2. Going forward, the key focus for euro area activity is the trade climate and how that will evolve in coming months. US President Trump has invited EU Commission President Juncker to Washington for trade talks, but no date has been set yet.” “UK June services PMI rose to 55.1 from 54.0, while the composite index rose to 55.2 from 54.5. This is the highest level since June, and echoes the construction PMI data out yesterday, which supported the view that the UK economy has recovered from temporary weakness in Q1.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next No RBA rate hike until 2019 – Barclays FX Street 4 years Analysts at ANZ explained the key data events from overnight. Key Quotes: "The June composite euro area PMI rose to 54.9, ending a run of four consecutive monthly declines from a high of 58.8 in January. Underlying the increase, new orders and employment indices both rose, but expectations of future activity continued to slide with the future output index at 63.4, compared with a high of 68.0 in January. Both input and output price indices rose. Services sector activity is strong, with the services PMI increasing from 55.0 to 55.2. Going forward, the key focus for euro area activity is… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
