Eurozone prices rose by 1.7 percent in April, while slightly revising upwards its estimates for core inflation. Month-on-month, eurozone prices increased by 0.7 percent, as markets had expected, from 1.0 percent in March.
1.Eurozone Consumer Price Index We will focus on the Eurozone Consumer Price Index today. On the year-on-year basis, the Eurozone CPI is expected to stay at 1.7% A better than expected realization may support the single currency. 2.US Michigan Consumer...
Prime Minister May said to set timeline for stepping down from her position in June
Actual: 1.296M Forecast:1.290M Previous: 1.288M
Actual: 1.235M Forecast:1.205M Previous: 1.168M
Labour spokesman Starmer says Labour will vote against withdrawal agreement unless a deal with the government is reached before
Eurozone March trade balance €17.9 billion vs €19.4 billion expected
Trade tensions mostly fueled by US That adds to global economic slowdown Says that Italy must up productivity to fully recover its growth path
A trade resolution doesn't require Trump and Xi to meet. Trade dispute's impact on China's economy is completely manageable. Will further implement measures aimed at minimizing trade dispute impact. Will never make concessions in important matters of principle....
1. US Housing Data US Housing Starts will be announced and it is a critical indicator of economic strength in the US. The market expects housing starts to ease to 1.205 mln from 1.139 mln. US Building Permits as another key indicator of demand in the housing...
Actual: 5.431M Forecast: -0.800M Previous: -3.963M
US Crude oil stocks are expected to decline by -0.800M this week. Note that oil stocks declined by -3.963M barrels in last week.
Trump may delay auto tariffs for up to 6-months
Actual: 2.0% Forecast: 2.0% Previous: 1.9%
Actual: 0.1% Forecast: 0.7% Previous: 1.3%
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