XE Market Analysis: Eurozone Growth Accelerates

OVERVIEW Markets are relatively stable heading into the first round of the French presidential election with the latest polls showing a slight dip in Marine Le Pen’s popularity. UK data showed a jump in inflation due to the Pound’s fall since Brexit is putting more pressure on consumers as retail sales fell 1.8% in March. Bank of England member Michael Saunders hinted that he could vote for a rate hike, saying he expected growth and inflation this year to be higher than the forecast in February.

Source: XE news feed
XE Market Analysis: Eurozone Growth Accelerates