US EditionHistoric Surge in US Orders Sparks Market Reassessment
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Historic Surge in US Orders Sparks Market Reassessment
The Philadelphia Federal Reserve’s May Manufacturing Business Outlook Survey has sent shockwaves through global risk markets, providing crypto asset traders with a compelling macroeconomic catalyst. The Future New Orders diffusion index surged by over forty points, a move that Julien Bittel, head of macro research at Global Macro Investor, described as “literally” historic. Source
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