US indices extend decline on nightmare US data

Preliminary release of the US PMI indices for May turned out to be a huge disappointment. Both services and manufacturing gauges saw significant decline putting more pressure on already weak stock market sentiment. Dow Jones (US30) trades 1.5% lower after 40 minutes of Thursday’s session.

Chart of the day - NZDUSD (03.03.2021)
Economic calendar: UK budget and US data
Morning wrap (03.03.2021)
Daily summary: Wall Street retreats after solid start to March
EURUSD bounces off the support at 1.20
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