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Wednesday April 24, 2013 - 09:21:41 GMT
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German IFO data disappoint. Australian quarterly CPI less than seen
|German IFO data disappoint. Australian quarterly CPI less than seen|
24 April 2013 10:00 gmt
CALENDAR- North America: US- Mortgage Stats, Durable Goods, Weekly Crude, 5-yr Auction.
- HIGH IMPACT ITEMS: US- Durable Goods, 5-yr Auction
- On the heels of a disappointing flash German PMI report Tuesday, German IFO data today confirmed the view that the largest economy in the Eurozone is weakening. The EURUSD has fallen on the latest weaker than forecast report.
- Australian quarterly CPI data were softer than expected and have given Aussie bond prices a lift
- As expected the Reserve Bank of New Zealand kept rates steady at 2.50%. The bank also indicated that rates will be kept steady through the end of the year.
- U.S. preliminary GDP is due on Friday. The BOJ decision that day will be closely watched as well.
||JGB 0.60% +1bp
||Bund 1.27% +1bp
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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AA: Major, A: High, B: Medium
Mon 23 Apr 2018
A All Day- Flash PMIs
AA 14:00 US- Existing Homes Sales
Tue 24 Apr 2018
AA 01:30 AU- CPI
A 08:00 DE- IFO Survey
A 14:00 US- CB Confidence
A 14:00 US- New Homes Sales
Wed 25 Apr 2018
AA 14:30 US- EIA Crude
Thu 26 Apr 2018
AA 11:45 EZ- ECB Decision
A 12:30 US- Durable Goods
A 12:30 US- Weekly Jobless
Fri 27 Apr 2018
AA 03:00 JP- Bank of Japan
A 08:00 DE- Employment
A 08:30 GB- GDP
A 14:00 US- University of Michigan
John M. Bland, MBA
co-founding Partner, Global-View.com
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