Market Pulse - Currencies
Tokyo Olympics in doubt as Japan struggles to contain fourth wave of Covid-19
The Tokyo Olympics could be postponed yet again if Japan fails to contain its fourth wave of coronavirus before the opening in less than 100 days.
Weekly initial jobless claims drop below post-2008 peak
The number of Americans signing up for unemployment fell last week below the peak hit in the aftermath of the Great Financial Crisis in 2008 - a major milestone.
US March retail sales go into overdrive
US retail sales went into overdrive in March as Americans started receiving government stimulus checks from mid-month onwards.
Philly Fed factory index hits 48-year high in April
A key gauge of factory activity in the US mid-Atlantic region jumped past market forecasts to its highest level for half a decade.
ZEW economic sentiment index for Germany cools unexpectedly
Economic sentiment in the euro area's largest economy cooled unexpectedly in April amid worries about the hit to activity from tighter mobility restrictions, the results of a closely-followed survey revealed.
Chinese foreign trade surplus shrinks in March as imports jump
China's foreign trade balance shrank by more than expected after the Lunar New Year holidays as the rate of growth in imports more than doubled.
US producer prices rise more quickly than expected in March
Wholesale prices accelerated by more than expected last month, driven higher by a jump in energy costs.
Morgan Stanley sees ITM Power sales growing at 70% CAGR over decade to 2030
Analysts at Morgan Stanley started coverage on shares of ITM Power at 'overweight', arguing that the makers of electrolysers might be "strong" beneficiaries of the trend towards 'Green hydrogen'.
US non-farm payrolls grow nearly twice as quickly as expected in March
The pace of job growth in the US recovered substantially last month, nearly doubling economists' forecasts, led by hiring in the beaten-down travel sector as the economy began reopening.
US manufacturing PMI hits highest level since 1983 in March
Manufacturing sector activity surprised sharply to the upside in March, accelerating at its quickest pace in almost four decades.
Initial weekly US jobless claims jump unexpectedly
The number of Americans filing jobless claims for the first time rose unexpectedly during the preceding week.