Top 3 Things you Need to Know About the Market Today

1.US-China has also worsened the EU

A new wave of negativism plunged Europe as a Trade War effect spread beyond the ocean. PMI Manager PMI Index fell to 47.7 in May, crashing the hopes for the end of the correction. IFO business climate in Germany has also deteriorated.

2. The FED will delay the slurry

In its FOMC FED Minutes in May, before the Trade War escalated, it was said that the interest rate is currently at satisfactory levels and expects the low level of inflation since the beginning of the year to be temporary.

Investors' expectations are that the Fed will reduce interest, and this is due to short-term government securities that continue to fall and have already erased 4 basis points or 2.19% to the lowest for the week.

3. The Boeing 737 MAX will not fly again

Boeing 737 MAX planes will likely remain grounded for longer than airlines expected, following the report by Daniel Elwell FAA (Federal Aviation Administration) that the new software does not confirm the clearing of the errors that led to the two fatal accidents at the same time time has not decided whether additional training of pilots for such situations will be needed.

Read more:

• Risk off after the escalation in the Middle East, markets are recovering in a period of calm
• The macroeconomic events for today’s trading calendar
• The US government has confirmed the attacks, Trump is calling an emergency staff meeting
• Has the war between Iran and the US started?
• US markets remain under pressure, traders await Iran’s response