Morning pray Europe data Deluge Rounds Up Turbulent April

(Correct the day in paragraph 8 to Wednesday from Thursday) A look at the day ahead in European and world markets of Rae Wee Note: There will be no morning bid Europe on Thursday, May 1, due to vacations in various markets. The newsletter will resume on Friday, May 2. First in Europe, preliminary lectures on French and German inflation are due to growth cats for the two economies and the wider eurozone block. The UK also releases figures for house prices. It has yet to be seen whether the exemptions will support the case for further rate reduction by the European Central Bank (ECB), but for the time being, markets in June leaned to another round of relief. Earlier this week, two ECB policy makers warned that a trade war with the United States could extinguish the new Eurozone recovery and that the block could struggle under tariffs. US GDP data and the core pce price index then take the stage, where the expectations are that the world’s largest economy in the first quarter became a minor 0.3%. As it is, the data showed on Tuesday that the US trade deficit in goods in March was expanded to a record high, as companies increased the efforts to propose merchandise before livestock tariffs, indicating that trade was a major growth in growth. It is a lot for investors to digest at the end of the month, after being taken on a wild ride after US President Donald Trump’s first 100 days in office. But chaos seems to be the new normal these days. On Wednesday, there was little to rejoice in markets, as relief on a possible relief from global trading tensions was counteracted by a deteriorating economic outlook and Dourse signals of businesses raised by Trump’s rates. Despite Trump’s movement to mitigate the battle of his car rates and signs of progress in broader trade negotiations, details remain scarce, with Howard Lutnick, secretary of trade, and said he has reached one agreement with a foreign power. Delivery giant UPS said on Tuesday that it would cut 20,000 jobs to reduce the costs, while General Motors drew its prospects and delayed his investor call, and joined a list of companies that cut forecasts for 2025 or cut. Shares struggled to direction and US futures slipped, while the dollar was on track for its worst monthly performance in more than two years. While a fire sale of US assets that collected steam earlier this month has now decreased, the confidence remains fragile and has given the recent economic data investors little reason to return. The US consumer confidence dropped to a low of almost five years in April and work openings dropped sharply in March, in signs that cracks in the economy are starting to show. In the midst of persistent Sino-American trading tension, the world’s second largest economy is also starting to feel the heat. China’s factory activity contracted at the fastest rate in 16 months in April, a survey showed Wednesday, while Trump’s solid rates snapped two months of recovery. Still, Beijing is betting in Washington for the first time in a protracted trade war, while officials are progressing this year’s stimulus plans, but keeps fresh measures. Important developments that can affect markets on Wednesday: – French, German Provisional Inflation (April) – Euro -Zone, France, Germany Provisional GDP (Q1) – UK Nationwide House Prices (April) – US Progress GDP (Q1) – US Core PCE Price Index (March) trying to stop with the latest rates news? Our new Daily News Digest offers an overview of the top market-moving headlines affecting global trade. Sign up here for tariff watch. (Editing by Sam Holmes) first published: 30 Apr 2025, 10:20 am Ist