• The euro rose against the US dollar following upbeat data in the Eurozone that indicated a revival in economic activities as countries ease lockdowns gradually.
  • In Interest Rates, Yields on US treasuries ended slightly higher on Tuesday as upbeat economic data raised hopes of a speedy recovery.
  • Asian Share indices were higher today as risk appetite improved after a series of upbeat economic data in the US and Eurozone.
  • European shares indices on Tuesday ended at their highest level in two weeks, as economic data indicated a faster-than-expected rebound in business activity in Europe.
  • Crude Futures settled lower on Tuesday due to rise in inventories amid low demand.


Share indices gained globally as better-than-expected economic data from the Eurozone and the US raised hopes of a sharp economic recovery.IHS Markit's Purchasing Managers' index for Eurozone recovered more than expected to 47.5 in June from 31.9 in May, after touching a record low of 13.6 in April.The US flash composite purchasing managers index rose to 46.8 in June from 37 in May, and new home sales in May were also up 16.6% from the previous month, indicating that the downturn in the US economy is slowing.The prospect of more stimulus from the US government also boosted investors' sentiment.On Tuesday, US Treasury Secretary Steven Mnuchin said he anticipates a new round of coronavirus stimulus to pass Congress in July, and White House economic adviser Lawrence Kudlow said tax rebates and direct mail checks were likely in the next coronavirus relief bill.Investors, meanwhile, continued to remain watchful of the coronavirus situation globally.