Right, time to wrap up. Here’s a quick recap.
Companies on both sides of the Atlantic have reported a surge in activity this month as lockdowns are eased.
In the US, the ‘flash’ composite PMI hit a record high, driven by a strong recovery in the services sector and continued rapid growth at factories. But price pressures are also at a record level.
The EC reported that eurozone consumer confidence has risen again.
European markets rallied, while the US dollar has also picked up this afternoon. US tech shares weakened, with investors favouring manufacturers, banks, oil companies and retailers.
US home sales dipped last month, as a shortage of properties hit the sector.
