Categories Finance

Eurostoxx futures -0.3% in early European trading

German DAX futures -0.4% UK FTSE futures -0.1% European indices closed lower yesterday and look to follow up on that with another sluggish showing today. This comes as US futures are also running into some exhaustion after the strong surge earlier in the week. S&P 500 futures are…

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Categories Finance

What are the main events for today?

We have a very busy day ahead on the data front. In the European session, there won’t be that much as we just get the Eurozone Q1 GDP (2nd estimate) and the Eurozone Employment Change data. Both of them are old news and rarely market moving releases. In…

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Categories Finance

UK March monthly GDP +0.2% vs 0.0% m/m expected

Prior +0.5% Services +0.4% vs +0.1% m/m expected Prior +0.3% Industrial output -0.7% vs -0.5% m/m expected Prior +1.5%; revised to +1.7% Manufacturing output -0.8% vs -0.5% m/m expected Prior +2.2%; revised to +2.4% Construction output +0.5% vs +0.1% m/m expected Prior +0.4%; revised to +0.2% The focus…

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