United States Consumer Price Index soars in April, US Dollar surges

United States Consumer Price Index soars in April, US Dollar surges

The United States (US) reported that annualized inflation, as measured by the Consumer Price Index (CPI) rose by 3.8% in the twelve months to April, higher than the 3.3% posted in March and above expectations of 3.7%. Core annual CPI, which excludes volatile food and energy prices, came in at 2.8% following a 2.6% print […]

When is the German ZEW Survey and how could it affect the Euro?

When is the German ZEW Survey and how could it affect the Euro?

German ZEW Survey Overview The Zentrum für Europäische Wirtschaftsforschung (ZEW) will release its German Economic Sentiment Index and the Current Situation Index for May at 09:00 GMT later on Tuesday. ZEW Survey – Economic Sentiment Index for Germany is expected to fall to -19.8 in May, from 17.2 in April. Meanwhile, the Current Situation Sub-Index […]