This week's key economic events include German retail sales, M3 money supply in South Africa, retail sales in Switzerland, and key rate decisions from the Federal Reserve and the Bank of England. The U.S. will also release its Nonfarm Payrolls, unemployment rate, and ISM Manufacturing PMI. These events are crucial for gauging economic health and guiding currency valuations.
In March, Canada's consumer price index increased by 0.6% compared to the previous month, surpassing the 0.3% growth seen earlier. In April, the Reserve Bank of New Zealand opted to maintain its official cash rate at 5.5 percent for the sixth consecutive meeting, emphasizing the ongoing need to address inflation fully. In March, the UK Consumer Price Index registered a slower-than-anticipated increase, reaching 3.2% in annual terms, down from the 3.4% rise observed in February. In March, UK...
The Brazilian Real suffered yesterday following the release of underperforming industrial production data. BRL traders are now focusing on upcoming local retail sales with an
The Australian Dollar was pulled in opposite directions by a feeble set of retail sales numbers released simultaneously with news of another strong trade surplus