Market Pulse - Currencies
Euro area core CPI jumps in April
The cost of living in the single currency bloc continued rising in April, hitting a new record in the process as inflationary pressures broadened out from energy.
US consumer confidence improves a little in April, University of Michigan says
Americans grew more confident in April thanks to the retreat in expectations for increases in the price of petrol, the results of a very closely-watched survey revealed.
US Q1 compensation growth seen having scant impact on Fed policy
The broadest measure of inflationary pressures in the US jobs market jumped by more than forecast last month as benefits exploded.
Real US personal spending falls in March as prices jump
A jump in inflation meant that Americans' spending in fact fell last month when measured in real terms, although prices rose a tad less quickly than anticipated.
House price growth slows more quickly than expected in April, Nationwide says
House price growth in the UK slowed more than expected in April amid the ongoing squeeze on household incomes and rising interest rates, the results of a closely-followed survey revealed.
German CPI pushed higher by food prices in April
The cost of living in the euro area's largest economy edged past economists' forecasts in April despite a dip in goods' prices.
Spanish consumer prices surprise sharply to the downside in April
The cost of living in Spain came off the boil a little in April as the prices of fuels and electricity declined.
CMC Markets sees possible path down to parity opening up for euro
The task of managing the differences between economies in the single currency bloc has been magnified by the war in Ukraine and may result in further losses for the euro, perhaps even towards parity with the US dollar, City-based analysts say.
US factory activity slows in April, Philly Fed says
Factory activity in the US mid-Atlantic region slowed in April amid faster price gains, the results of a closely-followed survey showed.
Initial US jobless claims hold near cycle lows
First time jobless claims in the US held near their cycle lows during the past week.
Euro area inflation records another jump in March
Euro area inflation continued to accelerate last month, as energy and industrial goods became dearer.
IMF slashes global forecasts, warns of risks and still worse outcomes
The war in Ukraine will have many effects that will reach far and wide, not least by adding to price pressures and worsening the already stiff policy challenges faced by countries, the world's financial watchdog said.
US retail sales jump past forecasts in March
Americans continued spending at a brisk pace last month, albeit largely due to the impact of higher gasoline prices.
US jobs market much tighter than previously thought, claims data reveals
The US labour market was far tighter than previously thought, the weekly jobless claims data revealed.
Time is not on the BoE's side, Berenberg says
Bank has its work cut out for it in trying to bring inflation to heel while not tipping the economy into recession, argue economists at Berenberg.
Polish central bank raises rates by greater-than-expected 100 bp
Rate-setters in Warsaw hiked short-term rates by a greater-than-expected 100 basis points following inflation readings that came in an at a more than two decade high.
US foreign trade deficit edges past forecasts in February
America's shortfall on trade with the rest of the world edged past forecasts in February.
Brussels tables ban on imports of Russian coal in response to alleged war crimes in Ukraine
Lawmakers in Brussels proposed a raft of new sanctions against Moscow in response to accusations of war crimes by its forces in Ukraine.