Germany HCOB Services PMI meets forecasts (46.9) in April

May 6, 2026

Germany HCOB Composite PMI came in at 48.4, above expectations (48.3) in April

DXY: Fed transition and geopolitics steer support – DBS

DBS Group Research’s Philip Wee argues that the USD Index (DXY) is at an inflection point, consolidating in a 98–99 range after retracing its post-Operation Epic Fury rally.