German Retail Sales, a key measure of consumer spending, declined again in March. The consumer spending measure fell 2.0% month-on-month (MoM), according to official data released by Destatis, while it was expected to have declined 0.1%. In February, Retail Sales eased by 0.3% (revised from -0.6%). 

Germany Import Price Index (YoY) registered at 2.3% above expectations (1.6%) in March

Germany Import Price Index (MoM) came in at 3.6%, above forecasts (3%) in March

The Bank of England (BoE) is widely expected to hold the benchmark Bank Rate unchanged at 3.75% for a third consecutive meeting on Thursday, as traders assess the impact of the Middle East war on prices and the UK economy.

The Indian Rupee (INR) plunges to record lows against the US Dollar (USD) at open on Thursday.

France Gross Domestic Product (QoQ) came in at 0%, below expectations (0.2%) in 1Q

France Consumer Spending (MoM) meets expectations (0.7%) in March

A report released by the Bank of Japan (BoJ) on Thursday revealed that the impact of weak Japanese Yen shock on inflation bigger than that from oil shock.

Japan Construction Orders (YoY): -14.4% (March) vs previous 42.7%

Japan Consumer Confidence Index came in at 32.2, below expectations (33.1) in April

West Texas Intermediate (WTI) oil price extends its gains for the fourth consecutive day, trading around $105.70 per barrel during the Asian hours on Thursday. Crude oil prices climb as a deepening naval blockade of Iranian ports.

China's RatingDog Manufacturing Purchasing Managers' Index (PMI) climbed to 52.2 in April from 50.8 in March, the latest data published by RatingDog showed on Thursday.

China RatingDog Manufacturing PMI above expectations (51) in April: Actual (52.2)

China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.3 in April, compared to 50.4 in the previous reading. The reading came in above the market consensus of 50.1 in the reported month. 

Australia Private Sector Credit (YoY) increased to 8.1% in March from previous 7.8%

China NBS Manufacturing PMI came in at 50.3, above forecasts (50.1) in April

China NBS Non-Manufacturing PMI below forecasts (49.9) in April: Actual (49.4)

Australia Private Sector Credit (MoM) came in at 0.7%, above expectations (0.6%) in March

Australia Import Price Index (QoQ) came in at 0.1%, above expectations (-0.6%) in 1Q

Australia Export Price Index (QoQ) declined to 0.5% in 1Q from previous 3.2%

New Zealand ANZ Business Confidence: -10.6 (April) vs previous 32.5

Japan Industrial Production (YoY): 2.3% (March) vs 0.4%

Japan Retail Trade s.a (MoM) rose from previous -2% to 1.3% in March

Japan Industrial Production (MoM) below forecasts (1.1%) in March: Actual (-0.5%)

Japan Retail Trade (YoY) came in at 1.7%, above forecasts (0.8%) in March

South Korea Service Sector Output increased to 1.4% in March from previous 0.5%

The Federal Reserve (Fed) left its policy rate unchanged at 3.50% to 3.75%, a widely expected move, but the underlying message was far from straightforward.

United States Fed Interest Rate Decision in line with forecasts (3.75%)

Royal Bank of Canada (RBC) economist Claire Fan notes that the Bank of Canada (BoC) kept its overnight rate at 2.25% and signaled that a policy rate near current levels remains appropriate if its base-case outlook holds.

Russia Unemployment Rate unchanged at 2.2% in March