On Wednesday and Thursday, key economic data were revealed, providing traders and economists with valuable insights. Explore how the US, Japan, and the Eurozone are faring in this article.
The Eurozone has exited recession, but EURUSD still trades lower despite somewhat upbeat GDP and inflation as the data combination points to the widely expected June cut, and the dollar remains strong.
On the week of April 22, key economy data will be released. From the US PMI, GDP, and PCE to ECB speech and corporate earnings, find out what to expect from this week ahead in this article.
The ECB is expected to keep rates unchanged on Thursday, April 11th, but investors hope to get clarity on a potential June rate cut. However, the ECB has already communicated that the focus remains on inflation and wage data expected just before June. Could we be in for a surprise change in the ECB's stance?
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