The Traderszone Network

Latest  German import data now out 27 April
– -0.6% prev
– yy -5.9% vs -6.2% exp vs -5.7% prev
Mixed bag leaves EURUSD unfazed at 1.1297. EURGBP 0.7760 just off session highs and helping to cap cable again. Currently on lows of 1.4555

Germany GFK consumer confidence May report now out 27 April
Better than expected but not Tier 1 data. All part of the general picture though with focus on domestic demand.

Dollar steadies with all eyes on central banks.

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Here’s what the DTCC have listed for today 27 April.
– USDJPY  111.50 (598m) 112.50 (330m)
110.00 (USD 1.2bln) 110.50 (797m)  111.00 (743m)
– EURUSD: 1.1100 (EUR 331m) 1.1200 (1.0bln) 1.1215 (226m) 1.1250 (599m) 1.1300 (210m) 1.1345 (294m)

Google faces a new threat in its rapidly expanding antitrust battle with the EU after a complaint by Getty Images, the FT reports.

Goldmans out repeating their previous forecast 27 April
– pushes back forecast for the next cut after that to November from July because of potential federal election in July
National Australia Bank (NAB) say they’re reviewing their RBA rate cut forecast following the weak earlier.

Overnight, both benchmarks settled highest since Nov.10 and rose even more in the post-settlement trade after the API reported a likely 1.1 million barrel fall in crude inventories.
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