UK labour market and US existing home sales in focus today – Danske Bank

Research Team at Danske Bank, suggests that in the US, existing homes sales for March are due and they look for the recovery of the US housing market to continue.

Key Quotes

“The labour market report is due for release in the UK. We expect that both the unemployment rate (3M average) and the annual growth in average weekly earnings excluding bonuses (3M average) were unchanged in February at 5.1% and 2.2% y/y, respectively.”

Netherlands, The Consumer Spending Volume declined to 0.1% in February from previous 0.3%

Netherlands, The Consumer Spending Volume declined to 0.1% in February from previous 0.3%
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USD/CAD regains 1.2700 and beyond, EIA eyed

After bottoming out in fresh 2016 lows near 1.2630 on Tuesday, USD/CAD has pull itself together and has retaken the 1.2700 handle. USD/CAD attention
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