Monday, June 5, 2017

· Weak jobs data sends dollar to lowest in 8 months

Highlights of the week:-

·         Weak jobs data sends dollar to lowest in 8 months
·         Oil prices drops amid concerns of OPEC agreement and Trump’s withdrawal from Paris climate accord
·         ECB may upgrade assessment of Euro’s economic outlook; Conservatives still maintaining lead in polls
·         Yen benefitting from uncertainties in UK
·         Thailand’s inflation decelerated in May while Caixin manufacturing PMI dropped below 50
·         Malaysia’s manufacturing PMI re-entered contraction region while MGS yields rose

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