Analysts at Westpac offered their outlook for European and US markets. Key Quotes: “Aside from watching headlines from Italy, in the London morning markets will note Eurozone May CPI. After April’s very low 1.2%yr (total) and 0.7%yr (core) inflation, consensus is for a less worrying 1.6%yr total and 1.0%yr core. The US data highlight is the personal income and spending report for April, especially the Fed’s preferred inflation measure. This is expected to hold at 2.0%yr, with the rise in oil prices a factor in reaching the Fed’s inflation target. The core measure is see up 0.1%mth, 1.8%yr. Other data releases should have no real impact, including the May Chicago purchasing managers survey. Canada Mar and Q1 GDP is due, expected up 0.3%mth, 2.9%yr.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD looking for 0.76 after catching a much-needed break FX Street 5 years Analysts at Westpac offered their outlook for European and US markets. Key Quotes: "Aside from watching headlines from Italy, in the London morning markets will note Eurozone May CPI. After April's very low 1.2%yr (total) and 0.7%yr (core) inflation, consensus is for a less worrying 1.6%yr total and 1.0%yr core. The US data highlight is the personal income and spending report for April, especially the Fed's preferred inflation measure. This is expected to hold at 2.0%yr, with the rise in oil prices a factor in reaching the Fed's inflation target. The core measure is see up 0.1%mth, 1.8%yr. Other data… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
