Eurozone Preliminary CPI rises to 1.6% YoY in April, meets estimates
According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 1.6%
EUR/USD: There are reasons for a more profound fall
EUR/USD has been edging lower after weak German GDP and rising US yields. Yohay Elam,
EUR/USD breaches 1.2100 post-EMU, German data
EUR/USD trades on the defensive and challenges 1.2100. EMU’s flash Q1 GDP came in at
EUR/GBP clings to modest gains, lacks follow-through beyond 0.8700 mark
The sterling’s relative underperformance helped EUR/GBP to regain traction on Friday. Disappointing German GDP print,
RBA likely to keep OCR at 0.1% until mid-2023 – Reuters poll
The Reserve Bank of Australia (RBA) is expected to keep the Official Cash Rate (OCR)
Natural Gas regains traction to retest the $3.267 mark – Credit Suisse
Natural Gas is expected to retest the top of its converging range at $3.267, above
Three market implications of the new policy landscape – CE
This week’s events have illustrated again the major shifts in US policymaking set in motion
China’s top diplomat in Canberra accuses Australia of economic coercion – Bloomberg
China’s Ambassador in Canberra, Cheng Jingye, accused Australia of economic coercion, which resulted in the deterioration
USD/CNY to extend its slide on a break below the 6.4653 23.6% Fibo. support – TDS
The Chinese Caixin Manufacturing PMI missed estimates with 51.1, below estimates. Mitul Kotecha, Chief EM
USD/JPY flirts with session lows, around 108.75 region
A softer risk tone benefitted the safe-haven JPY and prompted some selling around USD/JPY. A