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Market news

ECB issues mea culpa for poor inflation forecasts

28/04/2022 15:04 - Central bank says it was blindsided by ‘exceptional’ energy prices while German inflation hits fresh 40-year high ...

ECB owns up to poor inflation forecasts

28/04/2022 15:04 - Central bank says it was blindsided by ‘exceptional’ energy prices, while German inflation hits fresh 40-year high ...

Russian gas payment demands in ‘breach’ of sanctions, EU warns

28/04/2022 15:04 - Completion of energy deals in roubles would fall foul of ban on central bank transactions ...

US economy contracts for first time since mid-2020

28/04/2022 15:04 - GDP fell 1.4% in first quarter on an annualised basis amid growing trade imbalances and soaring inflation ...

Euro down 0.4% versus U.S. dollar at $1.0512

28/04/2022 15:04 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

U.S. dollar up 1.7% at 130.56 Japanese yen

Record trade deficit subtracts 3.2 points from first-quarter GDP

Dollar trims gains but remains up sharply versus major rivals

Gold futures tick higher after data, up 0.4% at $1,895.90 an ounce

2-year Treasury yield 2.4 basis points higher at 2.593%