Latin Metals Inc (LMSQF): * Latin Metals Inc (LMSQF). EXPANDS COPPER EXPLORATION FOOTPRINT WITH ACQUISITION OF SOLARIO COPPER PROJECT, ARGENTINA Source text for Eikon: Further company coverage:
* U.S. services sector barely grew in May, new orders slowed. * Dollar, Treasury yields slip after data. * Markets see 80% chance of Fed skipping rate hike in June. By Deep Kaushik Vakil. June 5 - Gold rebounded on Monday after weaker U.S. services sector growth reinforced bets for the Federal Reserve to stay pat on interest rates next week.
Latin American currencies edged
higher on Monday led by gains in the Brazilian real and Mexican
peso, while oil prices rose and investors scaled back
expectations of a rate hike by the U.S. Federal ...
Mexico's headline inflation likely slowed for a fourth consecutive month in May, a Reuters poll on Monday showed, backing views that the central bank will hold its benchmark rate while price growth comes down to within its target range.
The dollar index turned
negative on Monday after data showed that the U.S. services
sector barely grew in May as new orders slowed, overturning an
earlier rally that was boosted by strong jobs growth ...
- New orders for U.S.-made goods rose for a second straight month in April, boosted largely by defense spending, but the overall manufacturing industry continued to struggle under the weight of higher interest rates. Factory orders increased 0.4% after a 0.6% gain in March, the Commerce Department said on Monday.
The U.S. services sector barely grew in May as new orders slowed, pushing a measure of prices paid by businesses for inputs to a three-year low, which could aid the Federal Reserve's fight against inflation. The Institute for Supply Management said on Monday that its non-manufacturing PMI fell to 50.3 last month from 51.9 in April.
The U.S. services sector barely grew in May as new orders slowed, pushing a measure of prices paid by businesses for inputs to a three-year low, which could aid the Federal Reserve's fight against inflation.
The South African rand gained more than 1% against the dollar on Monday, despite an economic survey that showed business activity was at an almost two-year low. At 1600 GMT, the rand traded at 19.2900 against the dollar, up about 1.15% from its closing level on Friday. The dollar was last trading around 0.19% weaker - at 103.950 - against a basket of global currencies.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required