Australia Job Advertisements Surges 42% m-o-m in June
The Aussie rallied against the greenback in the Asian session after the report of improvement in Melbourne Institute inflation data and strong rise in ANZ job advertisements in June. At the time of writing this article, the AUD/USD pair has
Read MoreSaudi Non-Oil Private Sector Shrinks Again in May, while UAE Surprises with Growth
The slowdown in global economy continues to take a toll on oil rich economies in the Middle-East. According to IHS Markit, Saudi Arabia’s PMI declined to 47.70 in June, from 48.1 in the earlier month. It was the fourth successive
Read MoreFrance Manufacturing Sector Records Fastest Growth Since February 2018
Following the release of positive economic data, the euro dollar rose against the greenback to trade at 1.1259 at the time of writing this article. Notably, the lower-than-anticipated ADP non-farm employment data and sharp decline in the US crude inventories
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