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Eurozone and UK inflation amongst market movers today – Danske Bank

According to Danske Bank analysts, in the euro area, focus today is on the final March HICP figures, which will reveal how much of the fall in core inflation to 0.8% was driven by seasonal effects related to the timing of Easter and which will likely reverse in April.

Key Quotes

“Markets will also keep an eye on Italy today, where Finance Minister Tria will speak about the outlook before Parliament's Budget Committee. Yesterday, we already saw Italian yields coming under pressure on the back of negative headlines on the budget outlook.”

“In the UK, data will likely show inflation remaining close to 2% in March amid a continued strong labour market, as yesterday's figures showed. Both Bank of England Governor Carney and Bank of France Governor Villeroy de Galhau are due to speak in Paris.”

Indonesia: Elections in focus - TDS

TD Securities analysts point out that Indonesia holds Presidential and Parliamentary elections today and will be a key event for the Asian markets. Ke
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GBP/USD Technical Analysis: Mildly bid, break above 1.3106 could invite buying pressure

Daily chart Trend: Bullish above 1.3106 Pivot points R3 1.3162 R2 1.3137 R1 1.3093 PP 1.3068 S1 1.3024 S2 1.2999 S3 1.2955 Updated Apr 16, 00:00 GMT
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