Sources speaking with Reuters revealed that the European Central Bank (ECB) policymakers are likely to hike rates “at least” twice this year, beginning in June if there’s no resolution to the Iran conflict.

Colombia National Jobless Rate down to 8.8% in March from previous 9.2%

ING’s Global Head of Macro, Carsten Brzeski, notes that the European Central Bank (ECB) kept interest rates on hold as stagflationary pressures in the Eurozone rise. The bank highlights weaker Gross Domestic Product (GDP) growth, mixed inflation dynamics and tighter credit conditions.

ABN AMRO’s US Senior Economist Rogier Quaedvlieg reviews the latest Federal Open Market Committee (FOMC) decision, noting that the Federal Reserve (Fed) kept rates unchanged and maintained an easing bias in its statement.

As widely telegraphed, the European Central Bank (ECB) kept its policy rates unchanged, but the tone of the meeting reflected a far more complicated backdrop.

National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme note that the Canadian economy expanded by 0.2% in February, with Q1 Gross Domestic Product (GDP) by industry tracking 1.7% annualized.

United States EIA Natural Gas Storage Change below forecasts (83B) in April 24: Actual (79B)

Rabobank's Senior Macro Strategist Stefan Koopman reviews the latest Bank of England (BoE) decision to hold the Bank Rate at 3.75%, noting Governor Bailey’s description of an 'active hold' as he balances inflation persistence against risks to employment and activity.

Japanese authorities reportedly intervened directly in the foreign exchange market on Thursday, according to Reuters, citing Nikkei, which attributed the information to Japanese government sources.

Nordea’s Chief Analyst Jan von Gerich notes that the European Central Bank (ECB) kept its key rate at 2.0% and maintained a data-dependent, meeting-by-meeting stance.

United States Chicago PMI came in at 49.2 below forecasts (53) in April

Royal Bank of Canada (RBC) economist Abbey Xu reports that Canada's Gross Domestic Product (GDP) grew 0.2% in February, with both goods-producing and services industries contributing as earlier auto-sector disruptions faded.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.

Commerzbank’s Thu Lan Nguyen highlights that Copper’s supply surplus has widened to about 300,000 tons early this year as production expanded while demand stagnated. February saw a notable demand drop with prices near USD 13,000 per ton.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.

Russia Central Bank Reserves $ down to $771.7B from previous $779.5B

ING’s James Smith notes that the Bank of England (BoE) kept rates at 3.75% in April but is moving closer to tightening as the Middle East crisis persists. ING now expects a single June rate hike, with UK inflation seen peaking slightly above 4% this year.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.

Inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, climbed to 3.5% in March from 2.8% in February, the US Bureau of Economic Analysis reported on Thursday. This print came in line with the market expectation.

The US Department of Labor (DOL) reported on Thursday that the number of US citizens filing new applications for unemployment insurance falls to 189K for the week ending April 25, while they were expected to have remained steady at 215K from the previous week's revised level.

United States Personal Consumption Expenditures Prices (QoQ) rose from previous 2.9% to 4.5% in 1Q

United States Gross Domestic Product Price Index below expectations (3.8%) in 1Q: Actual (3.6%)

United States Continuing Jobless Claims below forecasts (1.82M) in April 17: Actual (1.785M)

United States Core Personal Consumption Expenditures (QoQ) registered at 4.3% above expectations (4.1%) in 1Q

United States Gross Domestic Product Annualized below forecasts (2.3%) in 1Q: Actual (2%)

United States Personal Consumption Expenditures - Price Index (YoY) meets expectations (3.5%) in March

United States Core Personal Consumption Expenditures - Price Index (YoY) meets expectations (3.2%) in March

United States Personal Consumption Expenditures - Price Index (MoM) meets forecasts (0.7%) in March

United States Core Personal Consumption Expenditures - Price Index (MoM) in line with forecasts (0.3%) in March