Intra-Day Market Moving News and Views
30 Mar 2015 00:07GMT
GBP/USD - .... Cable briefly rebounded to intra-day high of 1.4901 ahead of Asian open on Monday on news of ruling Conservative party has a 4- point lead ahead of the Labour party.
Reuters reported earlier British PM David Cameron's Conservatives have taken a 4 point lead over the opposition Labour Party on the eve of the start of official campaigning for a May 7 national election, a poll showed late on Sunday.
The poll, by ComRes for ITV News and the Daily Mail newspaper, gave the Conservatives their largest lead in the polling series since September 2010.
It put them on 36%, up 1 point from last week, Labour on 32%, down 3 points, the Liberal Democrats on 9%, UKIP on 12%, n the Greens on 5%.
Underlining how volatile the election is, an earlier poll on Sunday showed Labour Party has taken a 4 point lead over Cameron's Conservatives after the first TV encounter of the campaign.
This week will see the release of New Zealand Westpac consumer survey, German Buba monthly report, U.S. existing home sales and eurozone consumer confidence flash on Monday.
Australian CB leading index, China HSBC manufacturing PMI, German and eurozone Markit manufacturing and services PMI, U.K. CPI, PPI and RPI, U.K. DCLG house price, U.S. core CPI, Redbook, Markit manufacturing PMI and new home sales on Tuesday.
New Zealand trade balance, Swiss UBS consumer indicator, German Ifo business climate, U.S. durable goods and SNB quarterly bulletin on Wednesday.
German GfK consumer sentiment, U.K. retail sales and CBI distributive trades, U.S. jobless claims and Markit services PMI on Thursday.
Japan's household spending, CPI, unemployment rate and retail sales, U.K. Nationwide house price, Germany import price index, U.S. non-farm payrolls, unemployment rate, U.S. final GDP and University of Michigan consumer sentiment index on Friday.
Recommended Content
Editors’ Picks
EUR/USD steady below 1.0800 after US PCE meets expectations
EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair barely reacted to US PCE inflation data, with the Greenback shedding some pips. Fed Chair Jerome Powell set to speak ahead of the weekly close.
GBP/USD hovers around 1.2620 in dull trading
GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.
Gold price sits at all-time highs above $2,230
Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge.
Jito price could hit $6 as JTO coils up inside this bullish pattern
Jito (JTO) price has been on an uptrend since forming a local bottom in early January. Since then, JTO has revisited the key swing point formed in early December, suggesting the bulls’ intention to move higher.
Key events in developed markets next week
Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.