BOJ governor Ueda says discussed economic, market events with prime minister Takaichi
Agreed that BOJ and government will continue to coordinate closelyExplained monetary policy thinking to TakaichiDid n ...
Iran state media claims 35 vessels passed through Strait of Hormuz in the past 24 hours
Among the 35 vessels claimed to have passed through the strait in the past 24 hours, it includes oil tankers, contain ...
ECB policymaker Demarco says that the ECB will probably need to hike in June
The ECB will probably need to hike in JuneThe ECB must show commitment to 2% target to stay credibleMedium-term infla ...
How have interest rate expectations changed after this week’s events?
Rate hikes by year-endRBNZ: 76 bps (70% probability of no change at the next meeting)ECB: 64 bps (88% probability of ...
More analysts are turning bullish on US stocks after earnings season
The latest bullish call comes from UBS Global Wealth Management, who revised their year-end target for the S&P 50 ...
AUD/USD is at risk of a big selloff amid weakening Australia’s data, more hawkish Fed
FUNDAMENTAL
OVERVIEWUSD:The US dollar came under a little bit of pressure yesterday following
claims from Al- ...
Germany May Ifo business climate index 84.9 vs 84.2 expected
Prior 84.4Current conditions 86.1 vs 85.1 expectedPrior 85.4Expectations 83.8 vs 83.5 expectedPrior 83.3More to come. ...
USD/JPY continues to edge higher as yen bias stays bearish amid negative macro backdrop
FUNDAMENTAL OVERVIEWUSD:The US dollar came under a little bit of pressure yesterday following
claims from Al-Arab ...
France May business confidence 94 vs 94 expected
Prior 94More to come..
This article was written by Justin Low at investinglive.com.
What are the main events for today?
EUROPEAN SESSIONIn the European session, the main highlight was the UK retail sales report. The data missed expectati ...
UK April retail sales -1.3% vs -0.6% m/m expected
Prior +0.7%; revised to +0.6%Retail sales 0.0% vs +1.3% y/y expectedPrior +1.7%; revised to +1.4%Retail sales (ex aut ...
Germany Q1 final GDP +0.3% vs +0.3% q/q prelim
Prior +0.3%More to come..
This article was written by Justin Low at investinglive.com.