The Euro Area economy expanded by 0.1% in Q1, in line with market forecasts, while German economic sentiment took a turn for the worse.

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Gold prices could be losing their shine as key external factors approach including the US debt ceiling negotiations and Fed speakers.

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The UK employment data came in mixed this morning as unemployment ticked higher but average earnings remained steady. GBPUSD continued its slide with a deeper retracement starting to look more likely.

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The crude oil price maintained the gains on a sliding US Dollar overnight after several Fed speakers expressed their differing views. If China continues to struggle, will WTI hold up?

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The Australian Dollar slipped after China’s industrial production and retail sales data missed estimates and has the market reassessing the state of the world’s second-largest economy.

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