China Gross Domestic Product (YoY) registered at 5% above expectations (4.8%) in 1Q
China Gross Domestic Product (YoY) registered at 5% above expectations (4.8%) in 1Q
Australia Part-Time Employment dipped from previous 79.4K to -34.6K in March
Australia Employment Change s.a. registered at 17.9K, below expectations (20K) in March
Australia Participation Rate came in at 66.8%, below expectations (66.9%) in March
Australia Unemployment Rate s.a. meets forecasts (4.3%) in March
Australia Full-Time Employment up to 52.5K in March from previous -30.5K
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8616 compared to the previous day's fix of 6.8582 and 6.8190 Reuters estimate.
Australia Consumer Inflation Expectations increased to 5.9% in April from previous 5.2%
The USD/JPY pair struggles to capitalize on the previous day's modest gains and meets with a fresh supply during the Asian session on Thursday. Spot prices drop to the 158.70-158.65 region in the last hour and remain close to the weekly trough, touched on Tuesday amid a bearish US Dollar (USD).
GBP/USD has rebounded from the modest losses recorded in the previous day, hovering near 1.3570 during Asian trading hours on Thursday. The pair advances as market sentiment improves, driven by expectations of a potential de-escalation in the Middle East conflict.
The EUR/USD pair holds positive ground near 1.1805 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) amid risk-on sentiment, bolstered by optimism over the ceasefire between the US and Iran.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said late Wednesday that the United States should "withdraw from 'Israel First' mistake" and that it "must comply" with a ceasefire in Lebanon.