Key news
– US S&P500 closes at new high again. EUR/USD higher while oil drops.
– China NBS PMI fell in April, confirming the economy stayed soft into Q2.
– Australian PMI plunges to lowest level since 2009.
– All eyes on US today. ISM likely to decline and the Fed to soften its tone.
– Most European markets closed today due to Labour Day.
Click here to read the full report: FX Daily
Danske Bank