Robert Holzman, head of the central bank of Austria and member of the Governing Council of the European Central Bank (ECB), said that the regulator may cut the rate earlier than the Federal Reserve System (FRS);
The business activity index in the US manufacturing sector showed strong growth in March and recovered from 47.8 to 50.3;
The Canadian industrial business activity index increased in March to 49.8 versus 49.7 in the previous month;
From the minutes of the Reserve Bank of Australia (RBA) published this morning, it follows that members of the Central Bank's board are no longer considering the possibility of raising interest rates;
According to the FedWatch Tool, the probability of a rate cut in the US in June is now estimated at 60%.
ATNirex Market Research
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