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The value of retail sales in Japan was up a seasonally adjusted 2.0 percent on month in March, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 13.628 trillion yen. more...
The war and high inflation took German consumer confidence to a new historic low, survey results from the market research group GfK showed on Wednesday. The forward-looking consumer sentiment index declined more-than-expected to -26.5 in May from revised -15.7 in April. The expected score was -16.0. The score remained even below the previous record low. more...
The US Dollar (via the DXY Index) closed last week at its highest level in two years, and a lot of that has to do with the Federal Reserve. more...
Crude oil prices weakened as a stronger US Dollar and another drop in the S&P 500 undermined the sentiment-linked commodity. All eyes are on US GDP and the Fed’s preferred inflation gauge next. more...
The ECB has no intention to raise rates in Q2 while the Fed is weighing up multiple 50 basis point hikes and Lagarde requests dissenting members to delay criticisms. Daily price is located on the primary bearish area of the chart: the price is on secondary ranging within 1.0757/1.0936 support/resistance leverals waiting for the direction of the bear market rally to be started in case of 1.0936 resistance is crossed to above or the bearish ...
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