Here are the key factors to keep in mind today for Euro trades:
- German Import Price Index: The German Import Price Index for April decreased by 0.1% monthly and by 6.6% annualized. Economists predicted an increase of 0.4% monthly and a decrease of 6.2% annualized. Forex traders can compare this to the German Import Price Index for March which increased by 0.7% monthly and decreased by 5.9% annualized.
- Preliminary French GDP: The Preliminary French GDP for the first-quarter increased by 0.6% quarterly and by 1.4% annualized. Economists predicted an increase of 0.5% quarterly and by 1.3% annualized. Forex traders can compare this to the previous GDP report which increased by 0.5% quarterly and by 1.3% annualized.
- Eurozone Confidence Data: Eurozone Economic Confidence for May was reported at 104.7. Economists predicted a figure of 104.4. Forex traders can compare this to Eurozone Economic Confidence for April which was reported at 104.0. Eurozone Industrial Confidence for May was reported at -3.6. Economists predicted a figure of -3.5. Forex traders can compare this to Eurozone Industrial Confidence for April which was reported at -3.6. Eurozone Services Confidence for May was reported at 11.3. Economists predicted a figure of 11.3. Forex traders can compare this to Eurozone Services Confidence for April which was reported at 11.7. Final Eurozone Consumer Confidence for May was reported at -7.0. Economists predicted a figure of -7.0. Forex traders can compare this to the first Eurozone Consumer Confidence for May which was reported at -7.0.
- German CPI: The German CPI for May is expected to increase by 0.3% monthly and by 0.1% annualized. Forex traders can compare this to the German CPI for April which decreased by 0.4% monthly and by 0.1% annualized.
Here is the key factor to keep in mind today for Japanese Yen trades:
- Japanese Retail Sales: Japanese Retail Sales for April were flat at 0.0% monthly and and decreased by 0.7% annualized. Economists predicted a decrease of 0.6% monthly and of 1.2% annualized. Forex traders can compare this to Japanese Retail Sales for March which increased by 1.5% monthly and decreased by 1.0% annualized. Sales at Large Retailers for April decreased by 0.8% annualized. Economists predicted a decrease of 1.2% annualized. Forex traders can compare this to Sales at Large Retailers for March which decreased by 1.0% annualized.
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