Blogs

Initial Jobless Claims at 2.5 million will be the lowest in two months but will not have a market impact unless substantially different than forecast,

India WPI Inflation registered at 14.12% above expectations (0.3%) in April

The Kiwi is under pressure as the Fed rebuffs negative rates and the RBNZ embraces them. Economists at ANZ Bank expect further downside. Key quotes “U

EUR/JPY has failed on the initial test of its short term downtrend at 116.62, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank,

Switzerland Producer and Import Prices (YoY) declined to -4% in April from previous -2.7%

Switzerland Producer and Import Prices (MoM) declined to -1.3% in April from previous -0.3%

Japan Machine Tool Orders (YoY) dipped from previous -40.8% to -48.3% in April

Germany Consumer Price Index (YoY) came in at 0.9%, above expectations (0.8%) in April

Germany Harmonized Index of Consumer Prices (YoY) meets expectations (0.8%) in April

Germany Consumer Price Index (MoM) came in at 0.4%, above expectations (0.3%) in April