News

Global manufacturing: PMI drop highlights bottlenecks – ABN AMRO

ABN AMRO's Senior Economist Arjen van Dijkhuizen highlights that global manufacturing PMI slipped from 51.8 in February to 51.3 in March, largely linked to the Iran conflict.

Source  Fxstreet1775756414

United States 30-Year Bond Auction: 4.876% vs 4.871%

Source  Fxstreet1775754514

United States 4-Week Bill Auction dipped from previous 3.62% to 3.56%

Source  Fxstreet1775748753
European rates: Pricing disconnect persists – BNY

BNY Strategist Geoff Yu argues that European rate markets still discount too many hikes for the European Central Bank (ECB), Bank of England (BoE) and Swiss National Bank (SNB) despite an improvement in global risk sentiment following the U.S.–Iran ceasefire.

Source  Fxstreet1775746623

United States EIA Natural Gas Storage Change above expectations (41B) in April 3: Actual (50B)

Source  Fxstreet1775745003
IMF's Georgieva: Central banks should hike rates if inflation expectations de-anchor

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said on Thursday that central banks should hike interest rates if inflation expectations threaten to de-anchor and ignite an inflation spiral, per Reuters.

Source  Fxstreet1775744124
USD/CNH: Bearish momentum nears key supports – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH has fallen sharply on a stronger Chinese Yuan (CNY) fix and improved risk sentiment following the US-Iran ceasefire.

Source  Fxstreet1775744017

United States Wholesale Inventories above expectations (-0.2%) in February: Actual (0.8%)

Source  Fxstreet1775743213
US: Labor data volatility clouds Fed path – Commerzbank

Commerzbank economists Bernd Weidensteiner and Christoph Balz highlight that recent US labor market indicators, especially nonfarm payrolls and hours worked, have become unusually volatile and subject to larger revisions.

Source  Fxstreet1775742778

Russia Central Bank Reserves $ down to $767.5B from previous $775.4B

Source  Fxstreet1775739673
US GDP expands at annual rate of 0.5% in Q4 vs 0.7% expected

The United States' (US) real Gross Domestic Product (GDP) expanded at an annual rate of 0.5% in the fourth quarter, the US Bureau of Economic Analysis' third estimate showed on Thursday.

Source  Fxstreet1775738415
US annual PCE inflation holds steady at 2.8% in February as expected

Inflation in the United States, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.8% in February, the US Bureau of Economic Analysis (BEA) reported on Thursday. This print came in line with the market expectation.

Source  Fxstreet1775738080
US: Initial Jobless Claims rose to 219K last week

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance increased to 219K for the week ending April 4.

Source  Fxstreet1775738004

United States Core Personal Consumption Expenditures (QoQ) meets expectations (2.7%) in 4Q

Source  Fxstreet1775737898

United States Personal Consumption Expenditures Prices (QoQ) meets forecasts (2.9%) in 4Q

Source  Fxstreet1775737876

United States Personal Spending in line with expectations (0.5%) in February

Source  Fxstreet1775737873

United States Gross Domestic Product Price Index below forecasts (3.8%) in 4Q: Actual (3.7%)

Source  Fxstreet1775737861

United States Continuing Jobless Claims came in at 1.794M below forecasts (1.84M) in March 27

Source  Fxstreet1775737839

United States Gross Domestic Product Annualized below expectations (0.7%) in 4Q: Actual (0.5%)

Source  Fxstreet1775737821

United States Personal Income (MoM) came in at -0.1% below forecasts (0.3%) in February

Source  Fxstreet1775737813

United States Core Personal Consumption Expenditures - Price Index (MoM) meets forecasts (0.4%) in February

Source  Fxstreet1775737812

United States Core Personal Consumption Expenditures - Price Index (YoY) meets expectations (3%) in February

Source  Fxstreet1775737812

United States Personal Consumption Expenditures - Price Index (YoY) in line with forecasts (2.8%) in February

Source  Fxstreet1775737812

United States Personal Consumption Expenditures - Price Index (MoM) meets forecasts (0.4%) in February

Source  Fxstreet1775737812

United States Initial Jobless Claims 4-week average rose from previous 207.75K to 209.5K in April 3

Source  Fxstreet1775737803

United States Initial Jobless Claims above forecasts (210K) in April 3: Actual (219K)

Source  Fxstreet1775737802
Iran's President Pezeshkian: Attacks on Lebanon deem ceasefire negotiations meaningless

Iran's President Masoud Pezeshkian said on Thursday that Israeli strikes on Lebanon would deem negotiations meaningless because they violate the ceasefire agreement, per Reuters.

Source  Fxstreet1775736640

Mexico Headline Inflation below forecasts (0.88%) in March: Actual (0.86%)

Source  Fxstreet1775736004

Mexico 12-Month Inflation below expectations (4.61%) in March: Actual (4.59%)

Source  Fxstreet1775736004

Mexico Core Inflation came in at 0.38% below forecasts (0.4%) in March

Source  Fxstreet1775736003
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