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Risk appetite getting fresh tailwinds as Omicron fears seemed overblown

EU major PMI data improves but fresh COVID-19 uncertainty remains

Austria goes back into full pandemic lockdown

Austria goes back into full pandemic lockdown
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USD begins new quarter on firm footing

USD begins new quarter on firm footing
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

German ZEW expectation survey hits a 20-year high

5/11/2021 9:59:25 AM GMT Notes/Observations - Germany s ZEW beats consensus and registered a 21-year high as slowing down of the 3rd wave of the pandemic provides some optimism. - Uncertainty continues over the Covid-19 pandemic in Far East. - Inflation fears haunting markets as Inflation in emerging Europe puts focus on potential rate hikes in region. - UK government will set out its legislative agenda for the new parliamentary session in the Queen s Speech today. Asia - China Apr CPI Y/Y: 0.9% v 1.0%e; PPI Y/Y: 6.8% v 6.5%e. - China releases 2020 census put its total population 1.412B v 1.4005B y/y; Total population increased 5.38% from 2010-2020 compare0d to 5.84% from 2000-2010 period.

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