- UK CPI (for March) came in 3.2% YoY vs 3.1% exp and 3.4% previously (0.6% MoM vs 0.4% exp.)
- UK core CPI (for March) came in 4.2% YoY vs 4.1% exp. vs 4.5% previously (0.6% MoM vs 0.6% previously)
- UK RPI MoM came in 0.5% vs 0.4% exp and 0.8% previously
- UK PPI Output prices YoY were in line with expectations: 0.6% vs 0.6% exp. and 0.4% previously
- OK PPI Output prices MoM came in slightly lower at 0.2% vs 0.3% exp. and 0.3% previously
GBP strengthened after UK data, however, readings were only little higher than anticipated. A strong resistance zone on GBPUSD is set near 1.25 level.
Source: xStation5
Daily Summary: Powell pulls markets back up! 📈 EURUSD higher
EURUSD higher after Powell's speech! 💶📈
Risk aversion takes hold as China tensions weigh on sentiment
Daily Summary: U.S.-China Tensions Trigger the Sharpest Sell-Off Since “Liberation Day” ✂️
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
