Headline CPI 0.9%qtr/2.4%yr; Trimmed Mean 0.7%qtr/2.9%yr; Weighted Median 0.7%qtr/2.9%yr. Momentum in core inflation at the bottom of the band. The CPI gained 0.9% in the March quarter, stronger than market consensus (0.8%) and Westpac’s expectation (0.7%) but we did highlight upside risk to our estimate. The annual pace of headline inflation, at 2.4%yr now definitively […]
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The EUR/USD and GBP/USD currency pairs are showing moderate gains amid a consolidation of market expectations ahead of the release of crucial macroeconomic indicators. Tomorrow, investor focus will shift to data on inflation, consumer spending Read more…
As the XBR/USD chart shows: → at the beginning of April, Brent crude was trading above $71 per barrel; → this morning, on the last day of the month, the price has fallen below $60. Read more…
The Swiss KOF Economic Barometer slumped to 97.1 in April, down sharply from 103.9 and well below the expected 102.0, marking its first drop below the medium-term average this year. The KOF Swiss Economic Institute Read more…