Austria Unemployment fell from previous 357.5K to 322.7K in March
Austria Unemployment fell from previous 357.5K to 322.7K in March
Switzerland SVME – Purchasing Managers’ Index came in at 53.3, above expectations (47) in March
Switzerland SVME - Purchasing Managers' Index came in at 53.3, above expectations (47) in March
Spain HCOB Manufacturing PMI registered at 48.7, below expectations (50.3) in March
Spain HCOB Manufacturing PMI registered at 48.7, below expectations (50.3) in March
Forex Today: April begins with hopes of an end to Middle East conflict
Here is what you need to know on Wednesday, April 1:
INR: RBI curbs positioning as rupee hits new low – DBS
DBS Group Research economist Radhika Rao discusses India’s response to persistent Middle East tensions and high energy prices, focusing on the Rupee and local markets.
Silver Price Forecasts: XAG/USD resistance around $75.00 is testing bullish momentum
Silver (XAG/USD) recovery has stalled below the $75.00 resistance area on Wednesday, yet the immediate upside bias remains intact after three consecutive trading days of gains.
S&P 500: Risk rally extends after Iran headlines – Deutsche Bank
Deutsche Bank analysts highlight a powerful rebound in US equities, with the S&P 500 posting its best daily gain since May last year as Iran-related headlines boosted risk sentiment.
GBP/USD Price Forecast: Rallies to 1.3300 neighborhood, fresh weekly top on weaker USD
The GBP/USD pair is seen building on the overnight bounce from the 1.3160 area, or its lowest level in over four months, and gaining positive traction for the second consecutive day.
EUR/USD: Back above 1.15 on improved risk tone – Danske Bank
Danske Research Team notes that EUR/USD has rebounded above 1.15 as risk sentiment improves with hopes of a US-Iran de-escalation. They highlight that lower global yields and sharply lower energy prices have supported the Euro against the Dollar.
Sweden Manufacturing PMI climbed from previous 56.1 to 56.3 in March
Sweden Manufacturing PMI climbed from previous 56.1 to 56.3 in March
USD/CHF slumps to near 0.7960 as US Dollar weakens amid Mideast war de-escalation
The USD/CHF pair is down 0.35% to near 0.7960 during the early European trading session on Wednesday. The Swiss Franc pair faces selling pressure as the US Dollar (USD) declines further due to intensifying expectations of a ceasefire in the Middle East.
Switzerland Real Retail Sales (YoY) meets forecasts (0.9%) in February
Switzerland Real Retail Sales (YoY) meets forecasts (0.9%) in February