Market insights

How Much Is A Pint Of Beer In Europe

It's the Eurozone inflation report today.

Analysts are expecting prices to have gone up 2.1% in the last year.

The method of measuring the inflation number is standardised across all Euro nations. Often referred to as harmonised.

Against this reading is the backdrop of the Eurozone unemployment rate which is predicted to be 6.1%.

After a steady week for GBP/EUR let's see if this causes a stir.

Then it's back over to the US for their non farm payrolls number. Typically reported on the first Friday of every month.

The reading refers to the change in full time employment and removes seasonal jobs.

Expect 130,000 jobs to have been added in April which is 98,000 down on March if it comes in as anticipated.

With all eyes on the outcome of tariffs, this could have a big impact on stock markets later.

Business news is littered with cyber attacks on major UK retailers. Harrods is the next company in the firing line.

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Economic calendar

EUR: 10:00 Preliminary Inflation Report

EUR: 10:00 Unemployment Rate

US: 13:30 Non Farm Payrolls

US: 13:30 Average Hourly Earnings

As ever we look forward to keeping you in the loop and look out for our next update.

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