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MORNING BID AMERICAS-Business brakes in June swoon, dollar jumps

A look at the day ahead in U.S. and global markets from Mike
Dolan
Just as world stock prices raced ahead this month, broader
business activity appeared to be stalling again.
Surprisingly soft readings from flash business surv. ....

United Kingdom , United States , James Bullard , Mike Dolan , Jerome Powell , Raphael Bostic , Loretta Mester , Swiss National Bank , Mike Dolan Just , Federal Reserve , Wall Street , Flash June , Atlanta Federal Reserve President Raphael Bostic , Cleveland Fed , Jane Merriman ,

Marketmind: Business brakes in June swoon, dollar jumps

Just as world stock prices raced ahead this month, broader business activity appeared to be stalling again. Surprisingly soft readings from flash business surveys for June show that in the euro zone at least overall factory and service sector growth almost ground to halt during the month, with another big contraction in manufacturing. While Federal Reserve boss Jerome Powell slightly softened his tone at the second day of his semi-annual congressional hearings on Thursday - talking of a "careful pace" in any further hikes - he continued to point to two more tightening notches this year even though markets still only see one. ....

United Kingdom , United States , Raphael Bostic , Jerome Powell , Loretta Mester , Mike Dolan , James Bullard , Swiss National Bank , Federal Reserve , Wall Street , Flash June , Atlanta Federal Reserve President Raphael Bostic , Cleveland Fed , Jane Merriman ,