Here are the key factors to keep in mind today for Euro trades:
- Final German CPI: The Final German CPI for April decreased by 0.4% monthly and by 0.1% annualized. Economists predicted a decrease of 0.4% monthly and by 0.1% annualized. Forex traders can compare this to the first German CPI which decreased by 0.2% monthly and by 0.1% annualized.
- Preliminary German GDP: The Preliminary German GDP for the first-quarter increased by 0.7% quarterly and by 1.6% annualized. Economists predicted an increase of 0.6% quarterly and by 1.5% annualized. Forex traders can compare this to the previous GDP report which increased by 0.3% quarterly and by 1.3% annualized.
- Preliminary Eurozone GDP: The Preliminary Eurozone GDP for the first-quarter is expected to increase by 0.6% quarterly and by 1.6% annualized. Forex traders can compare this to the previous GDP report which increased by 0.6% quarterly and by 1.6% annualized.
Here are the key factors to keep in mind today for US Dollar trades:
- US Advanced Retail Sales: US Advanced Retail Sales for April are expected to increase by 0.8% monthly. Forex traders can compare this to US Advanced Retail Sales for March which decreased by 0.4% monthly. US Advanced Retail Sales Less Autos for April are expected to increase by 0.5% monthly. Forex traders can compare this to US Advanced Retail Sales Less Autos for March which increased by 0.1% monthly. US Advanced Retail Sales Excluding Auto and Gas for April are expected to increase by 0.3% monthly. Forex traders can compare this to US Advanced Retail Sales Excluding Auto and Gas for March which increased by 0.1% monthly. US Advanced Retail Sales Control Group for April are expected to increase by 0.3% monthly. Forex traders can compare this to US Advanced Retail Sales Control Group for March which increased by 0.1% monthly.
- US PPI and Core PPI: The US PPI for April is expected to increase by 0.3% monthly and by 0.2% annualized. Forex traders can compare this to the US PPI for March which decreased by 0.1% monthly and by 0.1% annualized. The US Core PPI for April is expected to increase by 0.1% monthly and by 0.9% annualized. Forex traders can compare this to the US Core PPI for March which decreased by 0.1% monthly and increased by 1.0% annualized.
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