Published: 8/1/2023 7:07 AM ET
Market sentiment remained mixed ahead of key data releases lined up for the week. Manufacturing PMI and Job Openings data from the U.S are due later in the day. Bank of England’s interest rate decision and Services sector PMI readings from the U.S. are due on Thursday. The unemployment report and the monthly non-farm payrolls report are due on Friday.
European benchmarks are trading with deep losses amidst a decline in manufacturing PMI. Wall Street Futures are trading with mild losses. Asian stocks finished trading on a mixed note, amidst decline in manufacturing activity and continued hopes of stimulus from China.
Dollar Index gained amidst the Dollar’s strength. Bond yields moved in a mixed fashion. Crude oil prices gained amidst hopes of stimulus measures from China. Gold prices declined. Cryptocurrencies are trading mostly lower.
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