US:
March consumer credit slowed → weaker demand → supports lower rate expectations.
UK:
April construction PMI below 50 → contraction → bearish for GBP.
Eurozone (Germany, France, Italy, Euro-wide):
Factory orders, construction PMIs, retail sales weak → signs of economic slowdown → bearish for EUR.
China:
April foreign reserves slightly down → limited impact.
France (details):
Widening trade deficit, mild wage growth → mixed outlook.
Italy:
March retail sales down → weak consumer demand.
Federal Reserve (May decision):
Held rates at 5.25–5.50%.
Slowed pace of balance sheet reduction (QT).
Powell ruled out further hikes for now.
Fed remains data-dependent.
Trading Relevance:
Rates/Bonds: Bullish – lower yields likely.
USD: Slightly weaker – dovish Fed tone.
Stocks: Positive – QT slowdown supports equities.
EUR/GBP: Bearish – weak data, dovish central bank expectations.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
March consumer credit slowed → weaker demand → supports lower rate expectations.
UK:
April construction PMI below 50 → contraction → bearish for GBP.
Eurozone (Germany, France, Italy, Euro-wide):
Factory orders, construction PMIs, retail sales weak → signs of economic slowdown → bearish for EUR.
China:
April foreign reserves slightly down → limited impact.
France (details):
Widening trade deficit, mild wage growth → mixed outlook.
Italy:
March retail sales down → weak consumer demand.
Federal Reserve (May decision):
Held rates at 5.25–5.50%.
Slowed pace of balance sheet reduction (QT).
Powell ruled out further hikes for now.
Fed remains data-dependent.
Trading Relevance:
Rates/Bonds: Bullish – lower yields likely.
USD: Slightly weaker – dovish Fed tone.
Stocks: Positive – QT slowdown supports equities.
EUR/GBP: Bearish – weak data, dovish central bank expectations.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.