Japan Foreign bond investment up to ¥149.4B in March 17 from previous ¥-703.9B

Japan Foreign investment in Japan stocks up to ¥-580.4B in March 17 from previous ¥-722.7B

Market snapshot: no clarity on the US healthcare vote – ANZ

Analysts at ANZ offered a snapshot of the overnight sessions. Key Quotes: "As the market waited for additional clarity on the US healthcare vote, risk sentiment waxed and waned. At the time of writing, equities are higher (S&P 500 +0.2%, Dow Jones +0.3%), 10-year Treasury yields ar ...

Preview of key US durable goods data coming up – Nomura

Analysts at Nomura offered a preview of the next key US data for this week. Key Quotes: "Durable goods orders: Durable goods orders were up 2.0% m-o-m in January after two months of decline in December and November. Excluding volatile transportation components, durable goods orders remaine ...

AUD/JPY: bears eye 200 ema below 84 handle

Currently, AUD/JPY is trading at 84.71, up 0.10% on the day, having posted a daily high at 84.76 and low at 84.59. Forex today: yen was top performer in an otherwise healthcare bill let down AUD/JPY continues to trade in a phase of consolidation and below the 84.80 level. There was a double bounc ...

Fed’s Kaplan: Fiscal reforms could provide upside to growth forecast

Robert Kaplan, president of the Federal Reserve Bank of Dallas, is speaking at the Council of Global Economy Series in Chicago on "Tailwinds and Headwinds: The Economic Outlook and Monetary Policy", noting that fiscal reforms could provide upside to growth forecast ...

USD/CAD gaining upside traction

USD/CAD declines over recent weeks appear to have been temporarily stalled in the face of a bullish development.The MACD line is tracing higher lows, when compared to recent sessions. Meanwhile, the meandering of the price structure is carving lower lows, which should give strong indication that w ...

Trump reflation trade under threat – ANZ

Analysts at ANZ explained that the Trump reflation trade, based on optimism that Trump’s spend-up and tax plans will boost the US economy and inflation further, is facing a test today.  Key Quotes: "The trade – particularly the equity leg of it, which has seen US equit ...

US data reviewed and GDP Q1 tracker boosted to 1.3% – Nomura

Analysts at Nomura offered a review of the recent US data and outlook for Q1 GDP. Key Quotes: "Initial jobless claims: Initial jobless claims for the week ending 18 March increased by 15k to 258k. The four-week moving average was steady at 240k. Continuing claims fell 39k to 2000k for the wee ...

New Zealand Exports: $4.01B (February) vs $3.91B

New Zealand Trade Balance (YoY): $-3.79B (February) vs previous $-3.47B

New Zealand Trade Balance (MoM) registered at $-18M, below expectations ($160M) in February

New Zealand Imports declined to $4.02B in February from previous $4.19B

AUD/NZD and rates outlook – Westpac

Analysts at Westpac gave their outlook for AUD/NZD and rates. Key Quotes: "AUD/NZD 1 day: A correction of the Feb-Mar rally is unfolding, the next downside target below 1.0855 being 1.0760 (50% retracement). AUD/NZD 1-3 month: Higher to 1.10+. The cross remains well below fair value estimate ...