Slower inflation expected in the UK and Europe
Later tonight, annual inflation levels in the UK and the Eurozone have projected slowdowns to 9.8% and 6.9% respectively. Meanwhile, GBP/USD rose 50 pips to 1.2424, and EUR/USD gained 45 pips to 1.0971.
Canada’s month-on-month core inflation readings for March CPI recorded a 0.6% increase, higher than Mitrade's projections of 0.4%. USD/CAD then slid 5 pips to 1.3387, and USD/JPY fell 37 pips to 134.09. AUD/USD added 22 pips to 0.6722.
Spot gold closed
10
lower at
2
,005.33 an ounce, and WTI oil futures edged up $0.07 to $80.90 a barrel. Bitcoin regained the
30
,000 level, currently trading at
30
,311.0, and Ethereum climbed to
2
,098.34.
Major US indices closed with minor fluctuations, with the Dow Jones Industrial Average falling 10 points to 33,976. The S&P 500 increased 3 points to 4,154, and the Nasdaq 100 increased 4 points to 13,091.
Canada’s month-on-month core inflation readings for March CPI recorded a 0.6% increase, higher than Mitrade's projections of 0.4%. USD/CAD then slid 5 pips to 1.3387, and USD/JPY fell 37 pips to 134.09. AUD/USD added 22 pips to 0.6722.
Spot gold closed
10
lower at
2
,005.33 an ounce, and WTI oil futures edged up $0.07 to $80.90 a barrel. Bitcoin regained the
30
,000 level, currently trading at
30
,311.0, and Ethereum climbed to
2
,098.34. Major US indices closed with minor fluctuations, with the Dow Jones Industrial Average falling 10 points to 33,976. The S&P 500 increased 3 points to 4,154, and the Nasdaq 100 increased 4 points to 13,091.