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European equities open firmer to start the day
European equities open firmer to start the day

European equities open firmer to start the day

51553   April 30, 2020 15:09   Forexlive Latest News   Market News  

Slightly more positive tones observed at the cash market open
– Eurostoxx +0.5%
– Germany DAX +0.9%
– France CAC 40 +0.5%
– UK FTSE +0.4%
– Spain IBEX +0.4%
See here for global coronavirus case data

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Spain Q1 preliminary GDP -5.2% vs -4.3% q/q expected
Spain Q1 preliminary GDP -5.2% vs -4.3% q/q expected

Spain Q1 preliminary GDP -5.2% vs -4.3% q/q expected

51552   April 30, 2020 15:02   Forexlive Latest News   Market News  

Latest data released by the National Statistics Institute – 30 April 2020
– (Q4) +0.4%
– GDP -4.1% vs -3.2% y/y expected
– Prior (Q4) +1.8%
See here for global coronavirus case data

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Spain April preliminary CPI -0.7% vs -0.6% y/y expected
Spain April preliminary CPI -0.7% vs -0.6% y/y expected

Spain April preliminary CPI -0.7% vs -0.6% y/y expected

51551   April 30, 2020 15:02   Forexlive Latest News   Market News  

Latest data released by the National Statistics Institute – 30 April 2020
– 0.0%
– CPI +0.3% vs +0.2% m/m expected
– Prior -0.4%
See here for global coronavirus case data

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Merkel’s chief of staff says social distancing will certainly be extended until 10 May
Merkel’s chief of staff says social distancing will certainly be extended until 10 May

France March consumer spending -17.9% vs -5.8% m/m expected
France March consumer spending -17.9% vs -5.8% m/m expected

France March consumer spending -17.9% vs -5.8% m/m expected

51549   April 30, 2020 14:49   Forexlive Latest News   Market News  

Latest data released by INSEE – 30 April 2020
– Prior -0.1%; revised to -0.5%
– Consumer spending -18.1% vs -6.0% y/y expected
– Prior -0.6%; revised to -1.1%
See here for global coronavirus case data

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France April preliminary CPI +0.4% vs +0.2% y/y expected
France April preliminary CPI +0.4% vs +0.2% y/y expected

France April preliminary CPI +0.4% vs +0.2% y/y expected

51548   April 30, 2020 14:49   Forexlive Latest News   Market News  

Latest data released by INSEE – 30 April 2020
– +0.7%
– CPI +0.1% vs -0.2% m/m expected
– Prior +0.1%
See here for global coronavirus case data
Inflation slows further this month, but not by as much as expected, as weaker energy prices continue to take a toll on price pressures across the globe.

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Switzerland March retail sales -5.6% vs +0.3% y/y prior
Switzerland March retail sales -5.6% vs +0.3% y/y prior

Switzerland March retail sales -5.6% vs +0.3% y/y prior

51547   April 30, 2020 14:33   Forexlive Latest News   Market News  

Latest data released by the Federal Statistics Office – 30 April 2020
– +0.3%
See here for global coronavirus case data
Retail sales activity takes an unprecedented plunge in Switzerland amid the virus outbreak and lockdown restrictions taken up, limiting business and consumption activity. It is pretty much a similar case for every country in the wake

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Airline industry post COVID19: Up and up and away?
Airline industry post COVID19: Up and up and away?

Airline industry post COVID19: Up and up and away?

51546   April 30, 2020 14:29   Forexlive Latest News   Market News  

Via Bloomberg 
It is no surprise that airlines have been struggling. Tourism, business, and travel to see friends and relatives has all been reduced due to COVID19. However, will airlines simply bounce back in our post viral landscape, whatever that looks like? Here is a look at the New York Stock Exchange ARCA Airline Index, which

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Nikkei 225 closes higher by 2.14% at 20,193.69
Nikkei 225 closes higher by 2.14% at 20,193.69

Nikkei 225 closes higher by 2.14% at 20,193.69

51543   April 30, 2020 14:09   Forexlive Latest News   Market News  

A positive day for Asian equities
US futures are up by around 0.7% currently, leading to better risk tones as we begin European trading. In the currencies space, sentiment is more mixed but the dollar remains tepid after a slight fall in overnight trading.

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Germany March retail sales -5.6% vs -8.0% m/m expected
Germany March retail sales -5.6% vs -8.0% m/m expected

Germany March retail sales -5.6% vs -8.0% m/m expected

51542   April 30, 2020 14:02   Forexlive Latest News   Market News  

Latest data released by Destatis – 30 April 2020
– +1.2%; revised to +0.8%
– Retail sales -2.8% vs -4.8% y/y expected
– Prior +6.4%; revised to +6.5%
See here for global coronavirus case data

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France Q1 preliminary GDP -5.8% vs -4.0% q/q expected
France Q1 preliminary GDP -5.8% vs -4.0% q/q expected

France Q1 preliminary GDP -5.8% vs -4.0% q/q expected

51541   April 30, 2020 13:33   Forexlive Latest News   Market News  

Latest data released by INSEE – 30 April 2020
– (Q4) -0.1%
– GDP -5.4% vs -3.6% y/y expected
– Prior (Q4) +0.9%
See here for global coronavirus case data
Breaking down the numbers, it is pretty much an awful quarter as household spending declined by 6.1% while business investment fell by 11.4% relative to Q4 2019.

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