US: Initial Jobless Claims Increased Less Than Expected Last Week

US citizens that applied for unemployment insurance benefits increased by 215K in the week ending May 18 according to the US Department of Labor (DoL) on Thursday.

FXStreet30minutes ago

Former Bank of England official says early UK elections make interest rate cuts in June less likely

The Zhitong Finance App learned that Michael Saunders (Michael Saunders), a former interest rate setter at the Bank of England, believes that the possibility of interest rate cuts in June has disappeared, but the market may have underestimated the potential chance of cutting interest rates later this year. As a senior adviser at the Oxford Institute of Economics, Sanders pointed out after analyzing higher-than-expected inflation data released on Wednesday that this has drastically reduced the possibility that central bank officials will take action next month. Coupled with the government's decision to hold elections, this probability was further weakened. Sanders made it clear in an interview on Thursday: “The Bank of England itself does not want to be a market

Zhitong Finance38minutes ago

USD technical outlook: EUR/USD, GBP/USD and NZD/USD price trends

EUR/USD regained last week's gains as policy differences widened; GBP/USD remained stable despite the tough wording of the FOMC minutes; NZD/USD was boosted by the Bank of New Zealand's tough statement.

FX678 Finance06:18 ET

UK Recovery From Recession Loses Pace With PMIs Below Forecast

The UK economy’s recovery lost some momentum in May as activity and price pressures in the services sector started to fade.

BNN Bloomberg05:07 ET

US Dollar Technical Outlook: EUR/USD, GBP/USD, NZD/USD Price Setups

DailyFX04:30 ET

US S&P Global PMIs Preview: Economic Expansion Set to Persist in May

On Thursday, S&P Global will issue its flash estimates of the United States (US) Purchasing Managers Indexes (PMIs), a monthly survey of business activity. The survey is separated into services and manufacturing output and aggregated into a single statistic, the Composite PMI.

FXStreet04:00 ET