United States Consumer Price Index ex Food & Energy (YoY) above forecasts (2.7%) in April: Actual (2.8%)
United States Consumer Price Index ex Food & Energy (YoY) above forecasts (2.7%) in April: Actual (2.8%)
United States Consumer Price Index (YoY) above forecasts (3.7%) in April: Actual (3.8%)
United States Consumer Price Index (MoM) in line with forecasts (0.6%) in April
MUFG’s Lee Hardman notes that the US Dollar’s (USD) rebound alongside higher Oil prices has lifted USD/JPY back towards 158.00, close to levels seen before suspected Japanese intervention.
Private-sector hiring in the US has added extra momentum in late April. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 33K jobs per week in the four weeks ending April 25.
The Euro (EUR) heads lower against the Dollar (USD) on Tuesday, trading right below 1.1750 at the time of writing, after another rejection at the 1.1790 area on Monday.
United States ADP Employment Change 4-week average fell from previous 39.25K to 33K in April 18
United States ADP Employment Change 4-week average dipped from previous 39.25K to 30.25K in April 18
United States ADP Employment Change 4-week average: 33K (April 18) vs previous 39.25K
EUR/GBP holds firm on Tuesday after hitting a three-week high of 0.8697 earlier in the day, as traders assess rising political instability in the United Kingdom (UK) and stalled US-Iran negotiations. At the time of writing, the cross is trading around 0.8679, up roughly 0.25%
ING’s Francesco Pesole highlights rising political uncertainty in the United Kingdom (UK) as calls grow for Prime Minister Keir Starmer’s resignation, with betting markets seeing a high chance he leaves office this year.
Brazil IPCA Inflation below forecasts (0.7%) in April: Actual (0.67%)