Eurozone Q1 preliminary GDP +0.1% vs +0.2% q/q expected
Prior +0.2%GDP Y/Y +0.8% vs +0.9% expectedPrior +1.2%These lower than expected figures further complicate ECB’s ...
The ECB is stuck between a rock and a hard place
I don’t envy being in the ECB’s position right now. The central bank already had to pause on rate cuts du ...
Japan’s top currency diplomat issues final warning before action in FX market
No comment on FX levelIn close contact with our US counterpartClosely coordinating with US based on our FX agreement ...
Italy Q1 preliminary GDP +0.2% vs +0.1% q/q expected
Prior +0.3%More to come…
This article was written by Justin Low at investinglive.com.
Japan’s Katayama: We are getting closer to taking decisive step in FX market
Stronger verbal intervention sends the JPY higher. The 160.00 handle on USD/JPY is definitely the line in the sand fo ...
Germany Q1 preliminary GDP +0.3% vs +0.2% q/q expected
Prior +0.2%More to come…
This article was written by Justin Low at investinglive.com.
Germany April unemployment change 20k vs 4k expected
Prior 0kUnemployment rate 6.4% vs 6.3% expectedPrior 6.3%; revised to 6.4%The struggle continues as the jobless figur ...
ECB preview: a hawkish hold is expected but there’s risk of a disappointment
The European Central Bank is expected to maintain its policy rate at 2.00% today and keep the non-committal forward g ...
Spain Q1 preliminary GDP +0.6% vs +0.5% q/q expected
Prior +0.8%More to come..
This article was written by Justin Low at investinglive.com.
French inflation continues to pick up in April to highest since July last year
CPI +2.2% vs +2.0% y/y expectedPrior +1.7%HICP +2.5% vs +2.3% y/y expectedPrior +2.0%Food price inflation eased to 1. ...
What are the main events for today?
EUROPEAN SESSIONIn the European session, we have a rare busy agenda today. We will begin with the French CPI report w ...
FX option expiries for 30 April 10am New York cut
There is arguably just one to take note of on the day, as highlighted in bold below.That being for USD/JPY at the 161 ...