S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
German preliminary Q1 Gross Domestic Product (GDP) rises at a steady pace of 0.3%, beats the estimates of 0.2%, according to the Federal Statistics Office of Germany. On an annualized basis, the German GDP growth arrives at 0.3%, as expected, slower than the previous reading of 0.4%.
The German Unemployment Rate arrived higher at 6.4% in March vs. estimates and the previous reading of 6.3%.
Market reaction
There seems to be no immediate response by the Euro (EUR) due to the German data. However, there is a sudden jump in EUR/USD to near 1.1700 due to weakness in the US Dollar (USD).
