Sanpoalo to 58 points since May 58.7. In May, the survey reported activity, employment and price increases, but orders, orders in progress and export orders down. In June, there should be a further rise in prices paid, following the rise in oil and steel prices, as compared to a correction of foreign activities and orders. The manufacturing sector, despite growing fears over the tariff war, will continue to grow in the coming quarters, although it will be possible to slow down in the latter part of the year
. according to economists Inta Sanpaolo it is expected to rise 0.4% on a monthly basis after the 1.8% rise in April. The April figure was boosted by the private sector, up 2.8% on a monthly basis, with a 4.5% change for residential construction and 0.8% for non-residential. These two components are expected to increase sharply in the second quarter.
On the currency front, the dollar strengthens and the euro / dollar exchange rate drops to 1.1601. The two-year Treasury yield is 2.528% on bond, while the 10-year yield is 2.845%.
