Japan’s CSPI 0.8% vs. 0.5% forecast

Japan’s corporate services price index rose unexpectedly last month, official data showed on Sunday.In a report, Bank Of Japan said that Japan’s CSPI rose to a seasonally adjusted annual rate of 0.8%, from 0.5% in the preceding month.Analysts had expected Japan’s CSPI to remain unchanged at 0.5% las ...

AUD/NZD: 1.0825 vulnerable – Westpac

Analysts at Westpac offered their outlook for AUD/NZD and rates. Key Quotes: "AUD/NZD 1 day: The correction of the Feb-Mar rally persists, 1.0825 vulnerable, and 1.0760 possible multi-day (50% retracement). AUD/NZD 1-3 month: Higher to 1.10+. The cross remains well below fair value estimate ...

EUR/USD: early rally through key 1.0830, eyes on 1.0875 and 1.0935

EUR/USD is currently trading at 1.0841 at the time of writing with a high of 1.0844 and a low of 1.0790. EUR/USD is bid on the back of early doors selling of the US dollar following the weekend's fallout between the Republicans and indeed the inability of the US House of Representative ...

USD/JPY: key technical downside level broke, next stop 109.90?

USD/JPY is currently trading at 110.97 at the time of writing with a high of 111.39 and a low of 110.82. Market wrap: minor dollar weakness - Westpac USD/JPY is under pressure from the off this week in thin early trade and markets are reacting to the fall-out between the republicans and failure o ...

Market wrap: minor dollar weakness – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: The US healthcare bill was scrapped but caused only a slight decline in the US dollar and US interest rates. US data and Fedspeak were mixed. Interest rates: US 10yr treasury yields fell from 2.44% to 2.39% afte ...

DXY: technically, downtrend is not over – BBH

Analysts at Brown Brothers Harriman explained that the Dollar Index's price action has been streaky this year.   Key Quotes: "Leave aside the first week of the New Year, when the Dollar Index was practically flat.  It fell for four weeks, then rose for four weeks, and now jus ...

Economic wrap: mixed US data and Fed speak – Westpac

Analysts at Westpac offered an economic wrap. Key Quotes: "US: Feb durable goods orders (advance) rose a healthy 1.7% (vs 1.4% expected), thanks to a 4.3% rise in transportation orders, and the previous month was revised up +0.3ppts to 2.3%. The core data was less impressive - core capita ...

Gold / Silver / Copper futures – weekly outlook: March 27 – 31

Investing.com - Gold prices retraced gains late Friday but still notched up a second weekly rise as concerns over the Trump administration’s ability to push through its pro-growth economic agenda underpinned safe haven demand. Gold for April delivery settled down 0.34% at $1,243.00 on the Comex ...

Crude Oil Futures – Weekly Outlook: March 27 – 31

Investing.com - Oil futures settled higher on Friday, but posted a weekly loss of around 2% as the market weighed rising shale production and record-high stockpiles in the U.S. against efforts by major producers to cut output to reduce a global glut. The U.S. West Texas Intermediate crude Ma ...