Latest data released by the Federal Employment Agency - 27 April 2018
- Prior -19k; revised to -18k
- Unemployment rate 5.3% vs 5.3% expected
- Prior 5.3%
Nothing too notable from the report. The unemployment rate holds at a record low, that's about it.
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Germany April unemployment change -7k vs -15k expected
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- USD/JPY treads with caution amid fear of incurring another intervention hit
- Oil prices stay elevated amid rising tensions in the Strait of Hormuz, US-Iran stalemate
- Gold's outlook remains neutral-to-bearish amid prolonged US-Iran stalemate and neutral Fed
- Switzerland April CPI +0.6% vs +0.6% y/y expected
- What are the main events for today?
- Iran parliament speaker says US has jeopardised shipping security through Strait of Hormuz
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