Observing the market highs and lows
Markets

Japan - April Nikkei PMIs: Services 49.3 (prior 50.0) & Composite 48.9 (prior 49.9)

Markit / Nikkei PMIs from Japan

Japan is back from the 3-day holiday today, which is good. I've been missing ingnoring their data.

More:

  • Services sector activity contracted in April at the fastest pace in two years
  • in a sign that the economy may be losing some momentum, a survey showed on Friday.
  • The index for new business fell to 48.6 (from 49.4 in March) ... also the fastest contraction in two years

Meanwhile, AUD continues to fall in the wake of the RBA statement:

While I'm at it .... rate updates:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos