Market News

Commerzbank’s Michael Pfister and Norman Liebke note that Mexico’s latest inflation data and Banxico minutes support a dovish stance.

United States Consumer Price Index Core s.a up to 334.165 in March from previous 333.51

Germany Current Account n.s.a. rose from previous €17.1B to €22B in February

United States Consumer Price Index ex Food & Energy (MoM) came in at 0.2%, below expectations (0.3%) in March

United States Consumer Price Index (MoM) meets expectations (0.9%) in March

United States Consumer Price Index ex Food & Energy (YoY) registered at 2.6%, below expectations (2.7%) in March

United States Consumer Price Index n.s.a (MoM) below forecasts (330.41) in March: Actual (330.21)

United States Consumer Price Index (YoY) meets forecasts (3.3%) in March

Canada Net Change in Employment came in at 14.1K, below expectations (15K) in March

Canada Unemployment Rate below forecasts (6.8%) in March: Actual (6.7%)

Canada Participation Rate remains unchanged at 64.9% in March

Standard Chartered Bank economists Saurav Anand and Anubhuti Sahay highlight a sharp slowdown in India’s new investment announcements in March, heavily affected by the Middle East conflict and sector-specific issues in renewable electricity and chemicals.