Fed: Taking a Cautious Approach - ANZ Research Team at ANZ, suggests that the Fed is taking a cautious approach to monetary policy as the global macro and financial environment poses ongoing risks to the US economy...
Eurozone: Unemployment and Investor Confidence Data in Focus – Danske Bank Research Team at Danske Bank, suggests that in the euro area, Sentix investor confidence for April is due for release at 10:30 CET...
There is no trade call for the session. The London session is relatively quiet, however we will see Employment figures from Spain and Construction PMI from the UK. Currency Update USD: Employment figures for March were solid with 215,000 jobs added, a rise of 0...
Asian Shares Firm After Solid U.S. Jobs Data, Dollar Soft Asian share prices held firm on Monday after solid U.S. payroll data underpinned investor risk sentiment while dovish comments from Federal Reserve Chair Janet Yellen the previous week kept the U.S. dollar in check...
AUD: Not a Rate Cut Trigger - ANZ Research Team at ANZ, suggests that the RBA board meeting tomorrow will be the main focus this week. Key Quotes “We (and the market) are expecting rates to remain on hold at 2% as global and domestic economic conditions have recently been tracking reasonably well...
Yen Rises Against Majors The Japanese yen strengthened against the other major currencies in the Asian session on Monday. The yen rose to nearly a 5-week high of 158.43 against the pound and a 2-week high of 111.32 against the U.S. dollar, from last week's closing quotes of 158.69 and 111...
Iran’s Oil Exports Jump Ahead of Producers’ Freeze Talks - WSJ As reported by WSJ on Monday, Iran’s oil minister on Sunday noted that the country’s oil exports jumped again in March, potentially undermining a global deal to limit crude output and raise prices...
Australia Job Ads Rise In March: ANZ Job advertisements in Australia increased in March after falling in the previous month, latest survey from the Australian and New Zealand Banking Group revealed Monday. Total job ads climbed a seasonally adjusted 0...
Australia February Retail Sales Unchanged On Month Retail sales in Australia were relatively flat on a seasonally adjusted monthly basis in February, the Australian Bureau of Statistics said on Monday. That was well shy of forecasts for an increase of 0.4 percent following the 0...
AUD/JPY: Bears Attacking 85.00 on Poor Aus Retail Trade The Australian dollar continues to get heavily battered in the Asian session on awful Australian data, now pushing AUD/JPY lower to test 85 handle. AUD/JPY revisiting daily lows The AUD/JPY pair now drops -0.69% to 85...
NZD/USD Under Pressure Below 0.69 on Lower Oil The NZD/USD pair is seen trading with a heavy tone in the Asian session, with the prices surrendering 0.69 handle amid weakness across the commodities’ space. NZD/USD recovers from 0...
Japanese Firms’ Long-Term Inflation Expectations Weakened in March According to the latest Japanese Corporate Price Expectations survey, Japan’s companies see falling inflation expectations, which raised doubts whether the BOJ’s stimulus measures are yielding the expected results...
Asian Stocks Track Wall Street Higher After US Jobs Renewed optimism hit the Asian stock markets this Monday following better than expected US jobs data, and triggered a relief rally in the regions’ indices after last week’s steep declines...
Australia's Feb Retail Sales Fails to Meet Expectations Australia's Feb retail sales came at 0.0% m/m vs 0.4% expected and 0.3% last. Key Points The trend estimate rose 0.2% in February 2016. This follows a rise of 0.2% in January 2016 and a rise of 0.3% in December 2015...
Greece has demanded an explanation from the IMF over a leaked conversation in which top officials allegedly discuss the Greek bailout. A transcript, published by Wikileaks, shows the officials discussing ways of putting pressure on Greece, Germany and the EU to get them to wrap up talks...
Rapid gains in Americans finding jobs strongly implies the economy is running at above-average speed. But a broader measure of growth says the U.S. has stumbled since last fall. What’s to believe? Side with employment. Companies hire only if they are confident they can increase sales...
2016 was greeted with a bout of nerves over the fate of the Chinese economy and, perversely, a weak oil price. To a first approximation, American markets have recovered the ground lost, but European and Japanese markets remain well below the values seen at New Year...
America's central bank has two goals: get the country to full employment and keep the costs of goods stable. The Federal Reserve can put a fat check mark next to those goals. So why is the central bank so hesitant to raise interest rates from almost near zero? The U.S...
Britain’s current account deficit is the worst ever recorded in peace-time since the Bank of England started collecting records in 1772 under the reign of George III...
