ECB leaves key rates unchanged in April monetary policy meeting, as expected 0 (0)

ECB announces their latest monetary policy decision – 22 April 2021
They are reaffirming their pledge of higher PEPP purchases until June but so far it hasn’t really been showing up in the data, at least not „significantly“. Other than that, the rest of the policy language appears to be unchanged. The ECB still retains the

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UK April CBI trends total orders -8 vs 2 expected 0 (0)

Latest data released by CBI – 22 April 2021
Of note, the quarterly optimism index jumps to 38 from -22 in March as UK manufacturers‘ expectations of a rebound rose to the highest in almost 50 years. The monthly reading for factory orders were less upbeat though as seen with the headline.That said, it is all

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Dollar steadies on the session, cable eases back under 1.3900 0 (0)

Dollar moves back to being little changed for the most part against the major currencies bloc in European trading
The kiwi and pound are leading losses so far today, with the latter moving back below 1.3900 against the greenback – notably slipping below its 100-hour moving average @ 1.3913 as buyers surrender near-term control in the

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