America’s Roundup: Dollar eases to near two-week low, Wall Street ends lower, Gold gains 1%, Oil up 3% on tight supply, prospects of new Russia sanctions-March 31st,2022
Market Roundup
•US Mar ADP Nonfarm Employment Change 455K,450K forecast,475K previous
•US Core PCE Prices (Q4) 5.00%, 5.00% forecast, 5.00% previous
•US GDP Price Index (QoQ) (Q4) 7.1%,7.2% forecast, 7.2% previous
•US GDP (QoQ) (Q4) 6.9%,7.1% forecast, 2.3% previous
•US GDP Sales (Q4) 1.5%,2.0% previous
•US Real Consumer Spending (Q4) 2.5% ,3.1% previous
•US Corporate Profits (QoQ) (Q4) 0.2%,3.4% previous
•US Cushing Crude Oil Inventories -1.009M, 1.235M previous
•US Crude Oil Inventories -3.449M,-1.022M forecast, -2.508M previous
Looking Ahead Economic Data(GMT)
•05:00 Japan Feb Construction Orders (YoY )11.0%
•05:00 Japan Feb Housing Starts (YoY) 1.1% forecast, 2.1% previous
Looking Ahead – Events, Other Releases (GMT)
•No significant events
Currency Summaries
EUR/USD: The euro rose higher on Wednesday as data showing that German annual inflation rose to its…
