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Economic calendar (GMT0):
02:00 China Leading Index April +1.2% +0.9%
06:00 Germany GDP (QoQ) (Finally) Quarter I +0.8% +0.8% +0.8%
06:00 Germany GDP (YoY) (Finally) Quarter I +2.2% +2.2% +2.3%
08:00 Germany IFO - Business Climate May 111.2 111.0 110.4
08:00 Germany IFO - Current Assessment March 115.3 115.6 114.8
08:00 Germany IFO - Expectations March 107.3 106.9 106.2
The U.S. dollar traded mixed against the most major currencies. The U.S. currency was supported by the positive U.S. economic data, published on Thursday. U.S. flash manufacturing purchasing managers' index rose to 56.2 in May, from 55.4 in April. Analysts had forecasted a gain to 55.6.
Sales of existing homes in the U.S. climbed to 1.3% in April to an annual rate of 4.65 million units, missing expectations of a 2.2% gain to 4.68 million. That was the first increase in 2014.
The New Zealand dollar traded little changed against the U.S. dollar in the absence of any major economic reports in New Zealand. The Conference Board released its April leading economic index for China. The index increased 0.9% in April, from a 1.2 gain in March. Market participants remained unimpressed by this release. China is New Zealand’s second-largest trading partner.
The Australian dollar traded higher against the U.S. dollar in the absence of any major economic reports in Australia.
The Japanese yen traded slightly higher against the U.S. dollar in the absence of any major economic reports in Japan.
EUR/USD: the currency pair declined to $1.3640
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair declined to Y101.65
The most important news that are expected (GMT0):
09:00 Eurozone European Parliamentary Elections
12:30 Canada Consumer Price Index m / m April +0.6% +0.3%
12:30 Canada Consumer price index, y/y April +1.5%
12:30 Canada Bank of Canada Consumer Price Index Core, m/m April +0.3% +0.2%
12:30 Canada Bank of Canada Consumer Price Index Core, y/y April +1.3%
13:00 Belgium Business Climate March -4.6 -4.7
14:00 U.S. New Home Sales April 384 426
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