FOREX-Euro up for a second day; PMI eyed [Reuters]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
Euro up for a second day; PMI eyed - Reuters 2 Min Read LONDON (Reuters) - The euro edged higher for a second straight day on Thursday, but gains were tiny before manufacturing survey data that should shed some light on the outlook for the European economy. Recent data out of Europe have indicated an economy struggling to grow, prompting policymakers to push into 2020 the timing for their first interest rate increase and investors to shed their euro holdings. But the PMI data might provide some relief to investors. Data this week from China, a big source of demand for European factories, has indicated growing signs of strength in the world’s second-biggest economy. “The China data has been quite decent and that should help manufacturing PMI data in Europe and a decent reading will push the euro higher,” said Manuel Oliveri, a currency strategist at Credit Agricole in London. China’s economy grew 6.4 percent in the first quarter, defying expectations for a further slowdown. Industrial
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JPM
Earnings
- 4/12/24 - Beat
JPM
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- 4/24/24 - Form PX14A6G
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- JPM's page on the SEC website