|
08. Mai
2013
|
|
Data/Event Risks
EUR: Focus on the German production numbers after the stronger orders data yesterday gave the euro a lift, although it was notable that the euro failed to sustain the gains later on. Production is seen falling 0.1% in March, after 0.5% gain during February.
NZD: Labour market data is released at 23:45 GMT, with the unemployment rate seen nudging lower to 6.8%. Note that AUDNZD has been moving lower for the previous 7 weeks now, but comments overnight threaten a continuation of this trend.
GBP:The market will have half an eye on the state opening of parliament, but it’s not likely to be a market moving event.

