Regional bourses are -1% on average, Gold is trading at $1740/oz and Oil is at $100.50/bbl.
The FX market is still very quiet, with EUR/USD clinging closely to 1.3400 and the AUD/USD is back at mid-range levels on the session.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The market is steady/doing better through the CPI shock
- US April CPY 3.8% y/y vs 3.7% expected
- ADP NER Pulse showed a gain of 33K in the current week.
- USD is higher to start the US session. Yields and oil higher. Stocks lower. CPI awaited.
- investingLive European FX news wrap: JPY whipsaws, risk mood on the defensive
- India's CPI rises to 3.48% in April, driven by accelerating food inflation
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