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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

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The UK economy contracted by 1.5% in the first quarter, slightly outperforming expectations, even as output rebounded by a stronger-than-forecast 2.1% in March ahead of an expected reopening of the economy, the Office for National Statistics said Wednesday. All output components contracted in Q1, led by a 2.0% slump in services, which shaved 1.9 percentage points from GDP.

The UK lagged the US (+1.6% in Q1) and the euro zone (-0.6%) over the opening months of the year, but outperformed Germany, which suffered a 1.7% fall in output.