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US GDP set to accelerate in Q1, suggesting economic resilience despite Iran war woes
The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of first-quarter Gross Domestic Product (GDP) on Thursday, with analysts expecting the data to show annualised growth at a solid 2.3%, a sharp rebound from the meagre 0.5% expansion recorded in the fiFxstreet
Thu, Apr 30
European Central Bank set to hold interest rates as markets assess prospects for future hikes
The European Central Bank (ECB) is scheduled to announce its monetary policy decision on Thursday, following its April meeting. The Frankfurt-based institution is widely expected to keep its key interest rates unchanged, leaving the deposit facility at 2%, a level considered broadly neutral.Fxstreet
Thu, Apr 30
German Retail Sales fall by 2.0% MoM in March vs. -0.1% expected
German Retail Sales, a key measure of consumer spending, declined again in March. The consumer spending measure fell 2.0% month-on-month (MoM), according to official data released by Destatis, while it was expected to have declined 0.1%. In February, Retail Sales eased by 0.3% (revised from -0.6%).Fxstreet
Thu, Apr 30
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