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US initial jobless claims rose 4k to 223k in the week ending April 5, slightly above expectation of 222k. Four-week moving average of initial claims was unchanged at 223k. Continuing claims fell -43k to 1850k Read more…
US inflation came in much softer than expected in March, with headline CPI falling -0.1% mom, surprising markets that had forecast a 0.2% mom increase. Core CPI, which excludes food and energy, also underwhelmed with Read more…
The Australian dollar has extended its gains on Thursday. AUD/USD is trading at 0.6172 in the European session, up 0.39% on the day. Australian dollar on a wild ride The Australian dollar continues to take Read more…