Something for the Espresso: PMIs to sum up the week
After a job claims report that was only slightly weaker than the consensus yesterday, our focus now shifts to the upcoming release of the PMI reports toda

Good morning everyone! We are back after an eventful Thursday, and with Andreas Steno serving clients in the far east – I am left to steer the ship through the high seas as we conclude the week.
This cycle is a treacherous one and we believe that exercising caution and diligence is of utmost importance- there are no shortcuts to success in this environment. The discrepancy between soft data indicators such as Philly FED released yesterday and Empire State serves as a prime example of the conflicting terrain that investors are navigating.
Will the fog be lifted today? Probably not, but we stay firmly on course all the same
After a job claims report that was only slightly weaker than the consensus yesterday, our focus now shifts to the upcoming release of the PMI reports toda
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