Daily Update - 20th April 2017
Yesterday’s Focus The consumer prices in the 19-nation bloc steadied in March, and match expectations, the Eurostat revealed on Wednesday. Following US Data, the Beige Book showed the economy expanded at a modest-to-moderate pace between mid-February and the end of March, but inflation pressures remained in check despite more difficulties in attracting and retaining workers. The day ended in Japan data released by Ministry of finance concerning the merchandise trade balance which is a measure of balance between imports and exports. When the reports are made official it is found out that a steady demand in exchange of Japanese exports is seen, this event turns out to be positive. Today’s Focus Day will start with National bank of Australia releasing Business confidence which is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. From Eurozone Producer price index and consumer price index will be released. Rest of the day will be full of data coming in from US while an important speech from BOE Governor carney is scheduled in the evening.
