- United States sees relevant gains in equities amidst a slightly weakening dollar.
DJIA up 0.4%, S&P up 0.5%, Nasdaq up 0.9%. ISM rebounded to 50.9 after May's reading of 49.0, although Markit Manufacturing PMI slips from 52.3 to 51.9. That said, construction spending was up 0.5% and nearing a 4 year high.
Dollar index down 0.2% - up against the yen and Swiss france, but down against the euro, pound, CAD and AUD.
- Europe sees slight rally
Pushing aside weak Chinese Manufacturing data, and seeing a better than expected ISM data in the US, the FTSE saw gains of 1.5%, DAX 0.2%, CAC and SMI up 0.8%.
European manufacturing PMI up to 48.8 (up from 48.3 in May). Germany, Italy and France still contractionary however UK manufacturing saw growth, PMI at a 25 month high of 52.5.
- Croatia added to the EU
First state added since 2007, now the 28th member of the EU.
- Gold jumps 4%
Up $50.75 to $1242.75.
DJIA up 0.4%, S&P up 0.5%, Nasdaq up 0.9%. ISM rebounded to 50.9 after May's reading of 49.0, although Markit Manufacturing PMI slips from 52.3 to 51.9. That said, construction spending was up 0.5% and nearing a 4 year high.
Dollar index down 0.2% - up against the yen and Swiss france, but down against the euro, pound, CAD and AUD.
- Europe sees slight rally
Pushing aside weak Chinese Manufacturing data, and seeing a better than expected ISM data in the US, the FTSE saw gains of 1.5%, DAX 0.2%, CAC and SMI up 0.8%.
European manufacturing PMI up to 48.8 (up from 48.3 in May). Germany, Italy and France still contractionary however UK manufacturing saw growth, PMI at a 25 month high of 52.5.
- Croatia added to the EU
First state added since 2007, now the 28th member of the EU.
- Gold jumps 4%
Up $50.75 to $1242.75.
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