Investing.com – Business activity in the U.S. private sector slowed in June, dampening optimism over the American economy, according to preliminary data released on Friday.
LONDON, June 23 (Reuters) - Nigeria's recent tentative steps to free up its naira currency, particularly via a new trading window, have gone down well with some adventurous stock and bond investors who are cautiously returning to the markets they fled two years ago.
Pressure on Qatar’s currency peg heightened on Friday after the Arab states leading a blockade against the kingdom outlined a list of demands that observers said are unlikely to be met, raising the prospect of an extended diplomatic deadlock.
Activity across the Eurozone lost some momentum in June, however the region still managed to enjoy its best quarter in six years according to the latest PMI report from IHS Markit. Weaker growth in the services sector led to a drop in the composite PMI, which fell from 56.8 to 55.7 in June’s flash reading. This was below expectations of 56.6 and the lowest in five months.
The public eye can be unforgiving, and one Bank of England policy maker thinks it may be making it harder to raise interest rates.
Next trading day's important events
- USDJPY: 111.21
- EURUSD: 1.1185
- S&P 500: 2432.91
- NASDAQ: 6224.40