Concerns over Delta spread linger, European PMI services data revised lower fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
5/11/2021 9:59:25 AM GMT
Notes/Observations
- Germany s ZEW beats consensus and registered a 21-year high as slowing down of the 3rd wave of the pandemic provides some optimism.
- Uncertainty continues over the Covid-19 pandemic in Far East.
- Inflation fears haunting markets as Inflation in emerging Europe puts focus on potential rate hikes in region.
- UK government will set out its legislative agenda for the new parliamentary session in the Queen s Speech today.
Asia
- China Apr CPI Y/Y: 0.9% v 1.0%e; PPI Y/Y: 6.8% v 6.5%e.
- China releases 2020 census put its total population 1.412B v 1.4005B y/y; Total population increased 5.38% from 2010-2020 compare0d to 5.84% from 2000-2010 period.