Financial Mirror on Nostr: Eyes on Eurozone inflation and GDP - Financial Mirror ========== Markets are watching ...
Eyes on Eurozone inflation and GDP - Financial Mirror
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Markets are watching Eurozone GDP data for Q1 and Harmonized Index of Consumer Prices (HICP) for April. The US economic docket includes housing data and the Federal Reserve's two-day meeting. The US Dollar weakened on Monday but recovered on Tuesday. The benchmark 10-year US Treasury bond yield is above 4.6%. Japan's suspected intervention in foreign exchange markets caused the Yen to fall. Germany's Retail Sales rose 1.8% in March. Australia's Private Sector Credit grew 5.1% in March, while Retail Sales declined by 0.4%. China's Caixin Manufacturing PMI edged higher to 51.4 in April. AUDUSD came under bearish pressure and declined. Gold closed virtually unchanged. The EURUSD pair struggled to hold above a round-level. Economic sentiment in Cyprus improved mildly in April. The GBPUSD pair is holding positive ground. The article is from Financial Mirror, the leading English-language business news site in Cyprus.
https://www.financialmirror.com/2024/04/30/eyes-on-eurozone-inflation-and-gdp/
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Markets are watching Eurozone GDP data for Q1 and Harmonized Index of Consumer Prices (HICP) for April. The US economic docket includes housing data and the Federal Reserve's two-day meeting. The US Dollar weakened on Monday but recovered on Tuesday. The benchmark 10-year US Treasury bond yield is above 4.6%. Japan's suspected intervention in foreign exchange markets caused the Yen to fall. Germany's Retail Sales rose 1.8% in March. Australia's Private Sector Credit grew 5.1% in March, while Retail Sales declined by 0.4%. China's Caixin Manufacturing PMI edged higher to 51.4 in April. AUDUSD came under bearish pressure and declined. Gold closed virtually unchanged. The EURUSD pair struggled to hold above a round-level. Economic sentiment in Cyprus improved mildly in April. The GBPUSD pair is holding positive ground. The article is from Financial Mirror, the leading English-language business news site in Cyprus.
https://www.financialmirror.com/2024/04/30/eyes-on-eurozone-inflation-and-gdp/