June 05, 2024 08:05 GMT
A mixed set of PMIs
BUNDS
- A mixed set of PMIs in Europe, Spain beat expectation and Germany was revised higher.
- Italy missed and France was revised lower, while EU saw a 1 tenth lower revisions.
- Bund saw a 13 ticks two way price action throughout the releases, with the main attention today falling on the US ISM services and price paid.
- US ADP can always provide some algo flow, but the former is at the forefront today's session.
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