Category: Daily Analysis

Market Analysis:  Looking forward to Fed Minutes and NFP

by Christala Parmaxi, CFTe Overview It was a quiet US session on Tuesday since the Americans celebrated Independence Day and the US markets were closed.  During Monday’s European session June’s British Manufacturing PMI was released at 54.3 units, losing estimations of 56.5 while the German Manufacturing PMI was released 0.3 units higher than projections, at 59.6 units. The UK economic data kept on disappointing with the Construction PMI release on Tuesday at 54.8, losing the expectations of 55 units. The sharp upside rally of the Cable found resistance at around 1.3030 and......

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