Here are the key factors to keep in mind today for British Pound trades:
- British GDP: The advanced British GDP for the first-quarter is expected to increase by 0.6% quarterly and by 2.1% annualized. Forex traders can compare this to the previous British GDP for the first-quarter which increased by 0.5% quarterly and by 2.1% annualized.
- British Index of Services: British Index of Services for February is expected to increase by 0.2% monthly and by 0.8% monthly over three months. Forex traders can compare this to the British Index of Services for January which increased by 0.2% monthly and by 0.9% monthly over three months.
- British CBI Retail Sales: British CBI Retail Sales for April are expected at 13. Forex traders can compare this to British CBI Retail Sales for Match which were reported at 7.
Here are the key factors to keep in mind today for Australian Dollar trades:
- Australian ANZ Roy Morgan Weekly Consumer Index: The Australian ANZ Roy Morgan Weekly Consumer Index for the week of April 24th was reported at 111.7. Forex traders can compare this to the Australian ANZ Roy Morgan Weekly Consumer Index for the week of April 17th which was reported at 115.8.
- Australian CPI: The Australian CPI for the first-quarter decreased by 0.2% quarterly and increased by 1.3% annualized. Economists predicted an increase of 0.2% quarterly and 1.7% annualized. Forex traders can compare this to the Australian CPI for the fourth-quarter which increased by 0.4% quarterly and by 1.7% annualized. The Australian RBA Weighted Median CPI for the first-quarter increased by 0.1% quarterly by 1.4% annualized. Economists predicted an increase of 0.5% quarterly and 1.9% annualized. Forex traders can compare this to the Australian RBA Weighted Median CPI for the fourth-quarter which increased by 0.4% quarterly and by 1.9% annualized. The Australian RBA Trimmed Mean CPI for the first-quarter increased by 0.2% quarterly and by 1.7% annualized. Economists predicted an increase of 0.5% quarterly and 2.0% annualized. Forex traders can compare this to the Australian RBA Trimmed Mean CPI for the fourth-quarter which increased by 0.6% quarterly and by 2.1% annualized.
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