United States EIA Crude Oil Stocks Change came in at -4.304M below forecasts (-0.9M) in May 30

Jun 4, 2025

US ISM Services PMI drops to 49.9 in May vs. 52 expected

The business activity in the US service sector contracted slightly in May, with the Institute for Supply Management's (ISM) Services Purchasing Managers Index (PMI) dropping to 49.9 from 51.6 in April. This reading came in below the market expectation of 52.

EUR/CAD steadies as Bank of Canada holds rate steady at 2.75%

EUR/CAD is trading flat in the early hours of the American session on Wednesday after the Bank of Canada (BoC) announced its decision to leave interest rates unchanged at 2.75%.