Australian sharemarket: ASX to slip, CPI tops this week's agenda
Australian shares are set to edge lower. $A retreats. First-quarter inflation data on Wednesday. US big tech takes centre stage.
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Australian shares are set to edge lower. $A retreats. First-quarter inflation data on Wednesday. US big tech takes centre stage.
* Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, April 19 (Reuters) - The pound rose and hit a two-week high against the dollar on Monday ahead of a data-heavy week that is expected to provide more evidence that Britain’s economy is rebounding from its deepest recession in 300 years. Versus a weakening dollar, the pound rose 0.3% to $1.3888 at 0835, it highest level since April 6. It was 0.1% lower versus the euro at 86.63 pence. Traders will be watching this week PMI surveys for the United Kingdom, together with data on the labour market, inflation and retail ...
April 19, 2021 - Written by Tim Boyer Investors attempted to buy the British Pound to New Zealand Dollar (GBP/NZD) exchange rate back from monthly lows towards the end of last week, but Sterling is struggling to sustain a bigger advance as the New Zealand Dollar remains appealing as well. While this week’s New Zealand economic calendar will be fairly quiet, analysts expect that there are still many reasons for investors to buy the ‘Kiwi’. After opening last week at the level of 1.9493, GBP/NZD attempted to climb before spending most of the week plunging. Towards the end of last week, G...
Sterling rises 1% vs dollar at start of data-heavy week Published 1 hour ago By Joice Alves LONDON (Reuters) -The pound rose 1% to hit a one-month high against the dollar on Monday at the start of a data-heavy week that is expected to provide more evidence that Britain’s economy is rebounding from its deepest recession in 300 years. Sterling was $1.3993 against a weakening dollar at 1458 GMT, its highest level since March 18. It was 0.7% higher versus the euro at 85.89 pence, its highest in almost two weeks. Traders will be watching PMI surveys for the United Kingdom, together with data on...