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Risk rally fades on manufacturing slump but markets stay calm

Drop in ISM manufacturing PMI rounds up malaise in global factory activity. Dollar and stocks steady as Fed rate path little changed, all eyes on NFP report. Aussie falls then bounces after RBA holds rates; oil prices whipsaw on OPEC+ cut.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. ...

Broadcast on:
04 Jul 2023

Drop in ISM manufacturing PMI rounds up malaise in global factory activity. Dollar and stocks steady as Fed rate path little changed, all eyes on NFP report. Aussie falls then bounces after RBA holds rates; oil prices whipsaw on OPEC+ cut.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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