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Business / Finance

The announcement of the main events on 03 June

Forex Club 03.06.2019 at 07:38

Dear traders,

note the important economic events which will lead to higher volatility in the number of tools. We recommend you to take this information into account in trade.

Tools: S&P 500 (ES), DJIA (YM), NASDAQ (NQ), EUR/USD, USD/JPY, and XAUUSD.

Event: PMI Markit manufacturing sector (may), USA.

date and time: 03 Jun 2019 16:45 GMT.

the Previous value of 50.6. Forecast: 50.6.

Why is it important?

the activity Index of purchasing managers (PMI) published by the Agency Markit Economics is an indicator of business activity in the manufacturing sector. As this industry is an impressive part of the country's GDP, the index is an important indicator of the state of the U.S. economy as a whole. A result above 50 is seen as evidence of economic growth and strengthens the US dollar, the result below 50 indicates a downturn in the economy and weakens the USD.

Tools: S&P 500 (ES), DJIA (YM), NASDAQ (NQ), EUR/USD, USD/JPY, and XAUUSD.

Event: the Index of business activity ISM in industrial sector (may), USA.

date and time: 03 Jun 2019 17:00 GMT.

the Previous value of 52.8. Forecast: 53.3.

Why is it important?

Published by the Institute for supply management PMI is an important indicator of the state of the U.S. economy as a whole. A result above 50 is seen as positive and the USD strengthens, below 50 - a negative for the U.S. dollar.

have a good trading,

Command FXClub

USA, economy, business activity, dollar, libertex

Not found economic events 2019-06-03 for 2019-06-03

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