*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Hiring in the States continued to recover at a faster-than-expected clip last month, resulting in a sharp drop in unemployment, but analysts remained exceedingly cautious.
Policymakers at the US central bank, the Federal Reserve, believe that the economy may require government support for some time and are not yet convinced of the cost-benefit trade-off of using so-called yield curve control measures.
Manufacturing in the US picked up the tempo significantly last month, but economists were at pains to stress that it was doing so from still "very depressed" levels of activity.
Mortgage approvals tumbled to a fresh low in May, figures from the Bank of England showed on Monday, as the Covid-19 pandemic continued to weigh heavily on the UK property sector.
The University of Michigan's consumer confidence index jumped increased from May's level of 72. 3 to 78. 1 for June, coming in slightly worse than the preliminary reading of 78. 9 published roughly a fortnight before.
