The Hong Kong Purchasing Managers’ Index Markit Manufacturing fell from 52.5 to 51.4 in June

The ISM Service Purchasing Managers’ Index is expected to fall slightly to 63.5 points. After the NFP, inflation is expected to attract attention. The bearish dollar correction may end in response to the report. Timing is everything. As the release of the Non-Farm Payrolls report triggered a downward correction of the dollar, another important issue could unleash the new strength of the dollar – almost regardless of the outcome.

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