April’s preliminary activity report Markit PMI showed figures above expectations. The index manufacturer it climbed from 59.1 to 60.6, beating the market consensus of 60.5. It is the highest reading in the series.
For its part, the index of services it climbed from 60.4 to 63.1, above the 61.5 average of analyst estimates. It is also a record level.
The dollar rose modestly after the release, highlighting a USD / JPY rebound to 107.75, from lows in weeks. The same happened with Treasury bond yields. The new home sales report for March will be published shortly.
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