Political Woes in Italy & Spain Trigger a Weaker Euro across the Board

Daily Update - 29th May 2018

Yesterday’s Markets

• Holidays Observed all across UK & US

Yesterday’s Focus

Due to Holidays observed such as Memorial Day by US and Spring Break Holiday in UK day was quiet in terms of macro economic data.

 

Today’s Market

• JPY Unemployment Rate
• US Fed Bullard’s Speech, S & P Case Shiller Home Prices Index

Today’s Focus

JPY Unemployment Rate remains unchanged did not boost the JPY further and the Stronger Dollar is dominating the JPY across the board.

US Fed Bullard’s speech stated in his speech that the Policy rate of US is near neutral and Oil has only temporary effect on their Inflation due to glooming issues between Iran and its Oil Production.

S & P Case Shiller Home Price Index which will be released in the evening will be indicate about their current Real Estate Outlook across their 20 States.