1:30 pm BST - Canada, CPI inflation for March. Actual: +4.3% YoY. Expected: 4.3% YoY. Previous: 5.2% YoY
- CPI Core (Y/Y) Mar: 4.3% (exp 4.4%; prev 4.7%)
Inflation in Canada is slowing but not letting up, as the monthly core inflation index in particular shows. This may be a guideline for the US in terms of how underlying prices may still remain high. CAD strengthens after the data, even despite slightly weaker oil prices. 
Eurozone Manufacturing Shows Slightly Better Final PMI Data 💡
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