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(Z1) Shallow Bounce

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Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

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Snapshot: USDMXN Set To Post Highest 2021 Close

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Still Looking For Weakness

AUSTRALIA
AUSTRALIA: Australia Jun, P CBA Manufacturing PMI 49.8; May 44.0
Australia Jun, P CBA Services PMI 53.2; May 26.9
Australia Jun, P CBA Composite PMI 52.6; May 28.1
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Business activity returned to growth in June as an easing of COVID-19
restrictions led to the resumption of operations at some firms that had
previously been closed. The increase was centred on the service sector, which
saw a rise in activity for the first time in five months. Meanwhile,
manufacturing production continued to fall, albeit at a much softer pace. New
orders stabilised, ending a four-month sequence of decline.. New export orders
continued to fall sharply, particularly in the service sector amid restrictions
on travel... Companies displayed caution with regards to hiring policies as they
continued to operate below capacity. Employment decreased for the fifth month
running, although the rate of job cuts softened.
- Sentiment was the highest in nine months, with optimism strengthening across
both the manufacturing and service sectors.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com