Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

All eyes are on the US CPI

US consumer inflation is expected to slow to 3.4% in April YoY, after a 3.5% increase the previous month. Core CPI is also forecast to slow, from 3.8% in March to 3.6% in April, its lowest pace since April 2021.

Video poster image

The US CPI

All eyes are on the US consumer price index (CPI). US consumer inflation is expected to slow to 3.4% in April year-on-year (YoY), after a 3.5% increase the previous month. Core CPI is also forecast to slow, from 3.8% in March to 3.6% in April, its lowest pace since April 2021. Economists also anticipate retail sales to rise by 0.4% in the April month-over-month (MoM).

The eurozone

In the eurozone, the market awaits the second reading of gross domestic product. The first reading shows the euro area economy rebounded by 0.3% sequentially in the first three months of the year, following two negative quarters. 0.3% was the fastest growth rate since Q3 2022 and a pleasant surprise for the market, which had expected a more modest rebound of 0.1%.

Burberry

Burberry published better-than-forecast earnings and revenue, but the group warned that H1 will remain challenging and expects revenue to fall by about 25% in the period.

ThyssenKrupp

ThyssenKrupp cut its 2023/24 forecast for sales and net profit for the second time in three months. The German conglomerate expects an annual net loss in the low triple-digit millions of euros, it said on Wednesday, having previously forecast break-even.

Commerzbank

Also in Germany, Commerzbank posted a better-than-expected net profit in Q1, up 29% to €747 million, its strongest quarterly profit in a decade. Commerzbank also raised its outlook for net interest income for the full year.

Cisco

Over in the US, Cisco Systems is expected to post earnings of 83 cents per share on revenue of just under $12.5 billion. Like its peers, Cisco has been investing heavily in the AI segment, focusing on security. Last month, it announced the launch of Hypershield, a cybersecurity AI-driven system. That followed the acquisition of cybersecurity company Splunk for $28 billion last year. This quarter will be the first to include contributions from the Splunk acquisition.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Start trading forex today

Find opportunity on the world’s most-traded – and most-volatile – financial market.

  • Trade spreads from just 0.6 points on EUR/USD
  • Analyse with clear, fast charts
  • Speculate wherever you are with our intuitive mobile apps

See an FX opportunity?

Try a risk-free trade in your demo account, and see whether you’re onto something.

  • Log in to your demo
  • Take your position
  • See whether your hunch pays off

See an FX opportunity?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Get spreads from just 0.6 points on popular pairs
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See an FX opportunity?

Don’t miss your chance. Log in to take your position.

Live prices on most popular markets

  • Equities
  • Indices
  • Forex
  • Commodities


Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.