Risk sentiment turned a bit subdued in Asia today. Markets are broadly soft, continuing to digest the sharp tariff-driven selloff seen earlier this month. Even China’s stronger-than-expected Q1 data, including a 5.4% GDP growth print and robust industrial and retail figures, failed to provide much lift. Market participants appear skeptical, viewing the numbers as a […]
The post Strong China Data Fails to Buoy Risk Sentiment; BoC Stuck Between Cutting and Holding appeared first on Action Forex.
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UK annual inflation dropped to 2.6% in March 2025, lower than expected, with notable decreases in recreation, culture, and transport prices. Markets are pricing in an 85% probability of a Bank of England rate cut Read more…
According to Forex Factory, the Consumer Price Index (CPI) reading came in below expectations: while analysts had forecast a decline to 2.7% year-on-year from the previous 2.8%, the actual CPI figure was 2.6%. Following the Read more…