PMI data comes into focus in trading today ...Middle East

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PMI data comes into focus in trading today
For a moment in US trading yesterday, there was a concern that risk trades would've faltered. But at the end of the day, the more optimistic mood was salvaged as stocks ended the day higher. In continuing with that, we're seeing gold slide back further today to hit $2,300. That comes amid a shift in the near-term sentiment in the day before as pointed out here.In FX, the dollar continues to keep in a rather comfortable position. The commodity currencies are off to a decent start this week but against the dollar, the gains are nothing to shout about. Meanwhile, USD/JPY continues to hover close to the 155.00 mark as we await the more important data releases on the week. Is Icarus flying too cl

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