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Weekly Market Recap (08-12 April)

A look at this week’s main developments.

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Important part of ECB decision is any signal of rate cut timing after US CPI shocks market

- Hot US CPI reading may be in rear view mirror but effects persisting today as traders bet that the inflation fight is not over.

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US: Initial Jobless Claims increased below expectations last week

US citizens that applied for unemployment insurance benefits increased by 211K in the week ending April 6 according to the US Department of Labor (DoL) on Thursday.

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A Crude Problem

A Crude Problem
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Weekly Market Outlook (08-12 April)

We have some noteworthy economic data and central bank policy decisions this week although everything will likely be overshadowed by the US CPI report on Wednesday.

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GBP/USD trades with a mild negative near 1.2640, eyes on US NFP data, geopolitical risks

The GBP/USD pair trades with a mild negative around 1.2640 bias on Friday during the early Asian session.

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Gold Price Forecast: XAU/USD trades on weaker note below $2,300 ahead of US NFP data

Gold Price (XAU/USD) edges lower to $2,285 during the early Asian session on Friday after reaching another fresh record high above $2,300 in the previous session.

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NZD/USD hovers around 0.6000 ahead of US NFP data

The NZD/USD pair trades on a softer note near 0.6012 on Friday amid the firmer US Dollar (USD).

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Tesco, BP and key inflation figures await in week ahead

Tesco, BP and key inflation figures await in week ahead
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Weekly Market Recap (01-05 April)

Weekly Market Recap (01-05 April)
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