- Safe haven bids have broadly bolstered the US Dollar on Monday.
- Canadian Dollar takes pride of place as the single worst-performing major currency to kick off the new trading week.
- US ISM Manufacturing PMI figures for June printed worse than expected, backsliding to 48.5 from 48.7, missing the forecast uptick to 49.1.
- US ISM Manufacturing Price Paid, a measure of industry-level inflation expectations, retreated sharply in June, falling to 52.1 from 57.0, a far steeper drop than the forecast 55.9.
- Recession jitters are crimping risk appetite on Monday as wobbly US data prints tilt further into slowdown territory.
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