Eurozone Preliminary Manufacturing PMI misses estimates with 54.4 in May

Eurozone Manufacturing PMI arrives at 54.4 in May vs. 54.9 expected.
Bloc’s Services PMI falls to 56.3 in May vs. 57.5 expected.
EUR/USD is unfazed near 1.0730 despite the downbeat Eurozone PMIs.

more to come ...

May 24, 2022

European Monetary Union S&P Global Services PMI registered at 56.3, below expectations (57.5) in May

USD/IDR: Rupiah to come under some pressure as BI opts not to join the rate hike camp – ING

Bank Indonesia (BI) kept policy rates unchanged at 3.5%, matching the market consensus, as BI appears confident that fiscal measures can contain price