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Quiet session as markets await key US inflation data on Wed

- USD softens ahead of US July CPI tomorrow with consensus of a flat to lower YoY reading compared to last month, potentially suggesting the Fed rate ....

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Risk appetite aids equities to record heights

4/16/2021 10:02:51 AM GMT
Notes/Observations
- China s Q1 GDP grew at a record pace.
Asia:
- China Q1 GDP data registers record annualized growth (Q/Q: 0.6% v 1.4%e; Y/Y: 18.3% v 18.5%e.
- China Mar Industrial Production Y/Y: 14.1% v 18.0%e.
-China Mar Retail Sales Y/Y: 34.2% v 28.0%e.
-China Mar Surveyed Jobless Rate: 5.3% v 5.4%e.
- South Korea President Moon appoints Kim Boo-kyum as Prime Minister.
Coronavirus:
Europe:
- New Financial think tank Survey: City of London Brexit hit worse than expected. Over 400 financial firms in Britain have shifted activities, staff, and a combined trillion pounds in assets to hubs in the European Union due to Brexit. ....

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