Trading the News: U.S. Gross Domestic Product (GDP) Updates to the U.S. Gross Domestic Product (GDP) report may curb the recent weakness in EUR/USD as the growth rate is anticipated to slow to an annualized 2.0% from 2.9%. Bear in mind, market participants may put greater emphasis on the core Personal Consumption Expenditure (PCE), the Fed’s preferred gauge for inflation, as the reading is projected to increase 2.6% during the first three-months ...
UK retail sales declined more than expected in March, the Office for National Statistics showed Thursday. more...
The jobless rate in Australia came in at a seasonally adjusted 5.5 percent in March, the Australian Bureau of Statistics said on Thursday. more...
Japan posted a merchandise trade surplus of 797.3 billion yen in March, the Ministry of Finance said on Wednesday - up 32.1 percent on year. more...
Partly reflecting a substantial rebound in utilities output, the Federal Reserve released a report on Tuesday showing a slightly bigger than expected increase in U.S. industrial production in the month of March. The report said industrial production climbed by 0.5 percent. more...
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