and announcing the early termination of the balance sheet reduction program in September. Parliament failed to pass any resolution in its indicative votes. The US Dollar came on top against its peers as additional signs of weakness were seen in Europe, while Brexit did not near any resolution.
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Nevertheless, President Mario Draghi may provide fresh comments about the economic situation. Rallies will continue to offer nice selling opportunity and could reach down to the.50 level. Your information has been successfully sent. The preliminary read for April is projected to show a similar level.1 points. The components of growth are also of interest: Manufacturing output, which leaped.8 in January, is also forecast to advance by only.2, while Construction Output is set to fall by the same scale. There can be quite a few ups and downs until that event, with ongoing talks between the government and the opposition Labour party, threats to oust May from her own party that does not want new elections, and preparations for a cliff-edge Brexit in the. The US economy gained 196K positions in March, a return to normal numbers, and also wages are back to previous levels:.2 y/y.
The Consumer Price Index has decelerated in recent months due to lower energy prices and it could now pick up again. The crude oil prices were mostly sideways during yesterdays session, hovering around the 56 level. A delay until March 2020 is on the cards. He may also say that details regarding the tltro will be set out in June. US Consumer Sentiment : Friday, 14:00. And there are a few additional events. Will Draghi drag the euro down again? Read More, wTI Crude Oil.
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