Societe Generale sees USD/BRL bearish; break below range targets 4.90, then 4.86 and 4.84.
New Zealand Q1 CPI hits 3.1%; hawkish RBNZ supports NZD, but markets may overprice hikes.
April euro area PMI signals weaker activity, rising prices; services slump, manufacturing steadier, raising stagflation concerns.
April flash US Composite PMI rose to 52; manufacturing and services improved, indicating slightly stronger business activity.
S&P Global US Manufacturing PMI rose to 54 in April, beating 52.5 forecast, signaling continued expansion.
S&P Global US Composite PMI rose to 52.0 in April from 50.3, indicating faster private sector growth.
S&P Global Services PMI rose to 51.3 in April, beating forecasts, signaling US services sector expansion.
Norwegian krone climbed in April as oil rose; ING warns EUR/NOK downside ahead of Norges Bank hike.
GBP/JPY dips as Japan warns of FX intervention; oil-driven Yen weakness limits losses; bullish technicals persist.
Eurozone April flash PMI slipped into contraction; services weakened, costs surged, raising stagflation risk and ECB dilemma.
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