Japan Industrial Production (YoY) remains unchanged at 3.2% in March

Japan Large Retailer’s Sales up to -1.1% in January from previous -1.3%

Japan Retail Trade s.a (MoM) climbed from previous -1.7% to 0.5% in January

AUD/NZD: target 1.0635 ahead of 1.0770 – Westpac

Analysts at Westpac offered their outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: After a sharp rise early Feb, it’s correcting lower with the immediate target the 1.0635 area. AUD/NZD 1-3 month: Higher to the 1.0770 area at least. The cross remains well belo ...

United Kingdom Gfk Consumer Confidence meets expectations (-6) in February

Japan Industrial Production (MoM) registered at -0.8%, below expectations (0.3%) in March

Japan Retail Trade (YoY) registered at 1% above expectations (0.9%) in January

AUD/USD stabalised on 20-d sma, below 0.77 handle

Currently, AUD/USD is trading at 0.7678, up 0.02% on the day, having posted a daily high at 0.7681 and low at 0.7670. AUD/USD is stablising along the ascending 200 hourly smoothed ma after a choppy session with the greenback passed around indecisively until later in the US session where the dolla ...

EUR/SEK momentum shifts to upside

The daily EUR/SEK MACD has moved above its median line, as a result of increased momentum in recent days.The condition could be taken by trend-following traders as a reason to jump out from short positions, thus causing further upside pressure on this pair. Outlined on the daily perspective, th ...

Commodities higher overnight – ANZ

Analysts at ANZ explained that commodities were generally higher, with a weaker USD helping support investor appetite - However, investors remained cautious ahead ofTrump’s first policy speech. Key Quotes: "Crude oil prices inched higher in the US session as the focus returned t ...

NZD/USD making fresh lows below 0.7200 with big miss in trade balance

Currently, NZD/USD is trading at 0.7188, down -0.07% on the day, having posted a daily high at 0.7198 and low at 0.7187. NZD/USD bears are lurking on the back a resurgence n the greenback in the US session and the bird is losing sight of the 0.72 handle as a result. The US session flipped and w ...

Trump providing clues ahead of Congress – ANZ

Analysts at ANZ explained that President Trump addressed media a number of times overnight providing a few clues on the key topics to be discussed at tomorrow’s joint session of Congress – among them budget plans. Key Quotes: "Those in the market on the ‘reflatio ...

Economic wrap: a busy day ahead – Westpac

Analysts at Westpac offered an economic wrap. Key Quotes: "US durable goods orders rose 1.8% in Jan (vs 1.6% expected), although ex-transportation was slightly disappointing at -0./2% (vs +0.5% expected). Overall the report is modestly supportive of GDP forecasts. Dallas Fed manufacturin ...

Wall Street closed with yet further record consecutive gains

Wall Street shrugged off the risk of, the Yen collapsed, the dollar bounced back as yields recovered and stocks made further record gains. On the eve of President Trump’s first address to Congress, markets started off subdued and there was little reaction to today's Trump news when h ...

New Zealand Imports down to $4.19B in January from previous $4.42B