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There aren't many sources of global growth left. Eyes on US services PMI next

There aren't many sources of global growth left. Eyes on US services PMI next
The charts speak for themselves today:The market certainly noticed with the euro and pound both dropping today. The pound has fallen particularly hard as the market rethinks the need for rate hikes.In Canada, there were signs of weakness from Canadian consumers as well.And of course, China is struggling badly.The US is the main source of global growth right now but rates continue to ratchet higher. Today we saw data showing mortgage applications plunge and student debt repayments restart in Augu... Read More
Posted: Aug 23 2023, 13:20
Author Name: forexlive
Views: 102546

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