German FinMin monthly report: External risk for the economy remains high

Reuters reports the following key highlights from the monthly report from the Finance Ministry in Germany.

“External risk for the economy remains high.” 

“Manufacturing output is likely to remain subdued.”

“Tax revenue (April) +2.6% y/y and +2% YTD to April.”

Asian stocks flash mixed signals amid global political plays

Political plays surrounding the US, China, Iran and Australia offered an active start to the week to Asian stock traders.
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EUR/USD: Focus this week is on Eurozone PMIs

EUR/USD hit a 2.5-week low of 1.1153 in Asia and could drop to the psychological level of 1.10 in the near-term if the Eurozone preliminary PMIs, due
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