Eurozone CPI

Last Week’s Highlights US Housing Data Hit Hard by the Pandemic The monthly housing starts data, which is a measure of the number of new residential construction projects, fell 22.3% in March. Data from the Commerce Department showed that…

As the first key data sets for December begin trickling through, it is clear that many central banks were prudent in their acknowledgment of downside risks towards the end of last year. Following US manufacturing PMIs having slipped to a…

The European Central Bank released its monetary policy meeting minutes last week for the meeting that was held earlier in March this year. Policymakers expressed concerns on the risks of a full fledged trade war against the United States…

The US dollar started the week on a strong note, keeping the gains from last Friday. Investors were spooked as the reality of the Fed's decision edged closer surrounding the uncertainty of the central bank's next policy move. Economic data…

Market Summary New Zealand GDP rises 0.90% in Q2, less than forecast New Zealand Q1 GDP revised higher to 0.90% Australia unemployment rate falls to 5.60% Swiss National Bank leaves LIBOR rate unchanged at -0.75% UK…

Market Summary Japan housing starts rise 0.80% in July Japan industrial production see flat in July after rising 2.30% in June Germany retail sales rises 1.70%, beating estimates French inflation seen weaker, rising 0.30% in…

On Wednesday, the USD/JPY pair fell to a two-week low hitting 111.31. The reason for the drop was the poor data release in the US service sector and less-than-expected new home sales. Across the markets, the greenback was going down due to…

On Monday we found out that the Eurozone’s CPI (Consumer Price Index) ticked higher in October, surprising markets for the better. Eurostat’s release puts the 19-nations block’s inflation at 0.1% for the month that has just passed, up from…

The currency markets practically went nowhere this week in a clear indication in the run up to the high impact news releases this week. However, today marks one of the busiest days for the currency markets in the week with some major news…