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Trade ideas thread - Friday 8 May 2020
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Eurozone June final manufacturing PMI 51.4 vs 51.3 prelim
- Germany June final manufacturing PMI 50.3 vs 50.0 prelim
- French manufacturing bounces back in June but with a caveat as output, new orders fall
- Italy June manufacturing PMI 52.2 vs 52.4 expected
- Swiss manufacturing activity growth eases in June - PMI data
- Spain manufacturing slips back into contraction in June
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Yen hits 40-yr low vs USD! Traders watch for intervention as JPY weakens.
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