* Nonfarm payrolls in the US increased by 253,000 in April, beating expectations of 180,000. In the face of the stubbornness in inflation, the improvement in employment continued in April. After the release of non-farm employment data, the dollar index appreciated. The unemployment rate in the USA fell from 3.5% to 3.4% in April. Expectations were for it to rise to 3.6%.Average hourly earnings also improved in the US. Hourly earnings were up 0.5% on a monthly basis, while they were up 4.4% year-on-year. In the previous data, there was an increase of 0.3% on a monthly basis and 4.3% on an annual basis.

*The European Central Bank (ECB) Villeroy said in a statement that there will probably be a few more interest rate hikes and that they aim to achieve success in the fight against inflation without a recession. Switzerland consumer inflation remained neutral in April. It increased by 2.6% compared to the same period of the previous year.

* Factory orders in Germany decreased more than expected. While a decrease of -2.2% is expected for March, a decrease of -10.7% was announced. Retail sales in the euro area fell short of negative expectations. It fell by -1.2% for March, against the expectations of -0.1%. Compared to the same period of the previous year, it decreased by -3.8% against the expectations of -3.1%.

*In Canada, there was an increase of 41,400 for April employment change, against the expected increase of 20,000. Unemployment rate remained stable at 5%.