Japan’s Current Account 2.21T vs. 1.79T forecast

Japan’s current account balance rose more-than-expected last month, official data showed on Sunday.In a report, Ministry of Finance said that Japan’s Current Account rose to a seasonally adjusted 2.21T, from 1.26T in the preceding month.Analysts had expected Japan’s Current Account to rise 1.79T las ...

Fed’s Bullard: 2% growth about what to expect this year in the US

James Bullard, President of the Federal Reserve Bank of St. Louis, speaking at a Macro/Finance Workshop, quoted via Bloomberg TV, notes that interest rate does not have to be raised all that much.  Key Quotes 2% growth about what to expect this year in the US Jobs report consistent wit ...

Crude gains in Asia as geopolitical tensions support

Investing.com - Crude prices gained in Asia on Monday with tensions on the Korean peninsula in focus along with the fallout from a missile strike by U.S. forces last week on a Syrian airbase that drew a sharp rebuke from Iran and Russia. On the ICE Futures Exchange in London, Brent oil for Jun ...

Dollar resilient after weak US jobs data – BBH

The BBH Global Currency Strategy Team notes that the US Dollar remains resilient despite the poor US jobs outcome from last Friday, although they explain that there were a couple of bright spots in the report. Key Quotes US jobs growth slowed considerably more than expected in Marc ...

EUR/USD under pressure sub 1.06, hits fresh 1-month low

EUR/USD is under selling pressure early doors on Monday, with the rate trading into a fresh 1-month low at 1.0580,as the technical picture continues to worsen for the interest of potential buyers.  The rise in US yields, with the 30-year bond being sold-off decisively last Friday - despit ...

Gold gains slightly in early Asia with Korean peninsula in focus

Investing.com - Gold prices ticked up slightly in early Asia on Monday with geopolitical tensions in focus as the U.S. moved an aircraft carrier group closer to the Korean peninsula and as concerns linger over a missile strike on a Syrian airbase last week remain. Gold for June delivery settle ...

US NFP: It’s not all bad, watch Fed’s Yellen next – ANZ

Con Williams, Rural Economist at ANZ, notes that following last Friday's US NFP report, the market is currently pricing Fed rate hikes of 13 bps for June, 26.5 bps for September and 34.5bps, adding that the early tone for the week will probably be set by Fed Chair Yellen’ ...

French presidential election: Melenchon gains momentum

As reported by Reuters, a Kantar Sofres poll for media organizations Le Figaro, LCI and RTL saw Macron and Le Pen head-to-head at 24% in the first round, with Melenchon coming in 3rd position at 18%, up six points since mid-March. As Reuters expands, while the pattern has been centrist Emmanue ...

Israel stocks lower at close of trade; TA 35 down 0.30%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Banking, Financials and Oil&Gas sectors led shares lower. At the close in Tel Aviv, the TA 35 lost 0.30%. The best performers of the session on the TA 35 were Frutarom (TA:FRUT), which rose 3.15% or 650 points ...

Weekly outlook: April 10 – 14

Investing.com - The dollar rose against a basket of the other major currencies on Friday, shrugging off disappointing U.S. employment data as investors remained focused on the Federal Reserve’s plans to tighten monetary policy. The U.S. dollar index, which measures the greenback’s strength against a ...