Japan Retail Trade (YoY) came in at 0.1%, below expectations (0.5%) in February

Japan Large Retailer’s Sales declined to -2.7% in February from previous -1.1%

Japan Retail Trade s.a (MoM): 0.2% (February) vs previous 0.5%

US consumer confident enough? – ANZ

Analysts at noted that US consumer confidence spiked to 125.6, soundly beating expectations, with the highest headline reading since late 2000. Key Quotes: "But will it translate to stronger spending? Personal income and expenditure data will be released later in the week." "U ...

AUD/JPY thrives in risk-on environment, targets a break of 85 handle

Currently, AUD/JPY is trading at 84.89, up 0.06% on the day, having posted a daily high at 84.91 and low at 84.76. Forex today: improved risk sentiment across the board, GBP/USD worst performer AUD/JPY is up to challenge the 84.80/00 resistance area with risk-on and a better bid Aussie on the bac ...

Conference Board’s Consumer Confidence stunner – Nomura

Analysts at Nomura noted a key driver for the US markets overnight on the data front. Forex today: improved risk sentiment across the board, GBP/USD worst performer Key Quotes: "Conference Board’s consumer confidence index increased above expectations in March to 125.6 (Nomura: 115.0 ...

GOP committed to tax reform, risk-on – ANZ

Analysts at ANZ noted that risk sentiment and particularly equities rebounded for a second day after Paul Ryan said the GOP is “united” and committed to tax reform.  Key Quotes: "US equities rose, treasuries sold off, the USD was mixed, oil rebounded and gold was stable. Prio ...

NZD/USD: range bound with a bearish bias, 0.6960 eyed

Currently, NZD/USD is trading at 0.7013, up 0.03% on the day, having posted a daily high at 0.7017 and low at 0.7009. NZD/USD has been consolidating on the 0.70 handle, ranging between 0.7005 and 0.7045 after a pullback from the 0.7090 area on the 21st March where lows of 0.6999 were hit. Analyst ...

US Q1 GDP tracking estimate has been lowered – Nomura

Analysts at Nomura offered their GDP Q1 tracking update. Key Quotes: "Good trade balance was mostly in line with expectations, but February wholesale and retail inventories (released with good trade data via the Census Bureau’s Advance Economic Indicators Report) were weaker tha ...

UK PM May signs Article 50 letter

UK's Prime Minister Theresa May has signed the Article 50 letter, which should be delivered by Tim Barrow tomorrow at 12:30 BST. Afterward, it's expected that EC's Donald Tusk will hold a press conference at 13:45 GMT. At the time of writing, GBP/USD is trading at 1.2452, u ...

Peru stocks higher at close of trade; S&P Lima General up 0.78%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Industrials, Non-Metal Minerals and Banking&Financials sectors led shares higher. At the close in Lima, the S&P Lima General added 0.78%. The best performers of the session on the S&P Lima General were ...

South Korea BOK Manufacturing BSI declined to 78 in April from previous 79

Fed’s Powell: No comments on economy nor monetary policy

Federal Reserve Governor Jerome Powell didn't touch on the monetary policy nor the economy in his pre-prepared speech at the West Virginia University College of Business and Economics Distinguished Speaker Series, Morgantown, West Virginia.

U.S. crude stocks gain 1.91 million barrels last week-API

Investing.com - U.S. crude stocks rose a more than expected 1.91 million barrels, the American Petroleum Institute (API) said late Tuesday, with gasoline stocks down a less than expected 1.10 million barrels and distillates down a more than expected 2.04 million barrels. Supplies at the oil storag ...