Forex News June 23, 2022

 

US futures

  • US futures are rising, but broader optimism is still lacking.
  • S&P 500 futures are up 7 points, or 0.2 percent, on the day.
  • The earlier sell-off followed dreadful PMI readings from France and Germany, with S&P 500 futures down 28 points, or 0.7 percent, at one point.
  • There was a quick turnaround earlier before some moderation, but we’ve seen a slow increase in the last hour or so.
  • However, markets remain devoid of broader optimism outside of equities.

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