Maud

Following his meeting with US Secretary of State Antony Blinken early Friday, China’s Foreign Minister Wang Yi said that the Sino-US “relationship has stabilized but negative factors are building.” Additional comments Sliding into conflict with the US would be a lose-lose situation. We urge the US n

USD/CAD loses ground due to improving risk appetite. The US Dollar depreciates following the subdued US Treasury yields. The lower Canadian Retail Sales figures have fueled speculation that the BoC might opt to reduce interest rates in June. USD/CAD pares its recent gains registered in the previous

On the radar Unemployment rate in Croatia declined to 6.2% y/y in March, while real wage grew by 8.0% y/y in February. Unemployment rate in Slovakia remained stable at 5.1% y/y in March. Today, at 10 AM CET, Poland will publish industrial output growth in March, producer prices, employment and wage

Gold price trades close to $2,400 amid worsening geopolitical tensions. The US Dollar’s upside stalls as investors see other central banks postponing rate cut plans. US bond yields are down despite the Fed maintaining a hawkish stance. Gold price (XAU/USD) faces pressure to recapture new all-time hi

Corporate earnings are still pouring out. One name we wonder about--Intuitive Surgical. Rejoicing in our new titanium hip, we admire our human surgeon. So what on earth can “intuitive” surgery be? Markets are unusually messy right now and even downright contradictory. You’d think the fear factor wou

GDP as a release offers Income, savings, disposable. Then comes a broad category of industry contributions to GDP such as durable goods and healthcare and profits by industry. GDP as a release is an extremely broad and generalized category. Inflation as next release is the breakdown of GDP. For GDP,

New car sales in the EU decreased for the first time in three months in March amid weaker demand among four major markets, especially in Germany and Spain, monthly data from the European Automobile Manufacturers' Association, or ACEA, showed Thursday. New car registrations dropped 5.2 percent year-o

Following today's mixed bag of employment and wages data, tomorrow’s attention is directed to the March UK CPI inflation release, scheduled to air at 7:00 am GMT+1. Estimates Suggest Further Disinflation Both headline and core (excludes food, energy, tobacco and alcohol) measures have surprised to t