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MNI US OPEN - ECB Tracker Shows Wage Acceleration a One-Off

EXECUTIVE SUMMARY:

  • UK PMI UNDERWHELMS, PAUSING EUR/GBP DOWNTREND
  • ECB TRACKER SHOWS NEGOTIATED WAGES ACCELERATE ON ONE-OFF GERMAN PAYMENTS
  • FARAGE WON'T STAND, PROVIDING EARLY BOOST TO CONSERVATIVES IN UK ELECTION RACE
  • NVIDIA MARKET CAP TOPS $2.5 TRILLION ON EARNINGS

EUR/GBP Key Support Under Pressure

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EXECUTIVE SUMMARY:

  • UK PMI UNDERWHELMS, PAUSING EUR/GBP DOWNTREND
  • ECB TRACKER SHOWS NEGOTIATED WAGES ACCELERATE ON ONE-OFF GERMAN PAYMENTS
  • FARAGE WON'T STAND, PROVIDING EARLY BOOST TO CONSERVATIVES IN UK ELECTION RACE
  • NVIDIA MARKET CAP TOPS $2.5 TRILLION ON EARNINGS

EUR/GBP Key Support Under Pressure

Keep reading...Show less