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

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.

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.

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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

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

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

Deutsche Bank’s Sanjay Raja expects UK GDP to rebound by 0.2% m-o-m in February after a flat January, with balanced risks around the nowcast. The bank’s models also point to a possible upward revision to January.

Commerzbank’s Tatha Ghose expects Poland’s NBP to keep rates on hold after the Iran-related energy shock derailed its easing cycle. With Oil prices unlikely to normalise quickly, emergency fiscal measures and distorted price signals keep policy in a reactive, geopolitical framework.

South Africa Manufacturing Production Index (YoY) dipped from previous -0.7% to -2.8% in February

UOB’s Alvin Liew notes that the March FOMC minutes show a divided Federal Reserve but with most officials more worried about US labor markets than inflation, implying a tilt toward future rate cuts.

Portugal Global Trade Balance dipped from previous €-7.457B to €-7.951B in February

Ireland HICP (YoY) meets expectations (3.6%) in March

Ireland Consumer Price Index (MoM) up to 1.6% in March from previous 0.9%

Ireland HICP (MoM) meets expectations (1.8%) in March

Ireland Consumer Price Index (YoY): 3.6% (March) vs 2.7%