Japans firms see no BoJ action until 2020 – Reuters poll

A majority of Japanese firms see no tightening from the Bank of Japan (BoJ) until 200, or even further out, according to poll results from Reuters. Key highlights: Two-thirds of Japanese firms polled expect the BoJ's next move to be a tightening of monetary policy, while a full third sees th ...

US tariffs to pose a risk to German exports – German Economy Ministry

The German Economy Ministry is out with their monthly report, cautioning about the threats of protectionism. Key highlights Germany's Economy Ministry is wary about the potential impact of Trump's steel and aluminum tariffs on trade in Europe, citing the uncertainty behind th ...

RBNZ: OCR to remain on hold for an extended period – Westpac

Analysts at Westpac noted the RBNZ and now look to the Policy Targets Agreement. Key Quotes: "As expected, the Reserve Bank left the OCR unchanged at 1.75%, and continued to signal that it expects the OCR to remain on hold for an extended period.  The RBNZ still expects that th ...

When are Aussie jobs and how could they affect AUD/USD?

Overview of Australian jobs report (Feb) Australia's monthly jobs report is back on the cards for Asian markets today. The report will be released at 12:30 GMT and markets are looking for a 20,000 rise in total employment and for the unemployment rate to hold at 5.5%, jus ...

AUD/NZD capitalizes on Kiwi weakness, climbing higher

RBNZ fails to deliver in post-FOMC markets. Australian unemployment, jobs change at 00:30 to kick off the Thursday session. The AUD/NZD lifted for the second day in a row, and is trading near 1.0750 heading into the overnight session. The Kiwi has been taking a beating at the hands of th ...

AUD/JPY forcefully takes 82.00 following Fed rate hike

Yen recedes, Aussie capitalizes as Fed's rate hike moves broader markets. Aussie jobs data up next at 00:30 GMT, bulls hopeful for positive figures. The AUD/JPY climbed late Wednesday following the Fed's interest rate hike, reaching a high of 82.57 before receding to the 82.35 regio ...

Fed: policy will need to be tightened gradually through to 2020 – Westpac

Analysts at Westpac explained that the revised forecasts from the FOMC and the tone of communications highlight that the Committee continue to anticipate policy will need to be tightened gradually through to 2020 as the economy experiences above-trend growth and 2.0% inflation nears. Key Quotes ...

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.95%

Investing.com – Mexico stocks were higher after the close on Wednesday, as gains in the Consumer Goods&Services, Industrials and Materials sectors led shares higher. At the close in Mexico, the S&P/BMV IPC added 0.95%. The best performers of the session on the S&P/BMV IPC were Gentera ...

AUD/USD: 0.78 within reach post-FOMC

Fed rate hike gave the Aussie a much-needed boost, but AU jobs figures are up next. Trump could derail AUD upside with China tariffs to be announced this week. The AUD/USD is continuing to stretch following the FOMC's rate hike earlier, and the pair reached a new session high of 0.778 ...

Crude oil: WTI bull party continues amid Fed, EIA draw and Iran nuclear deal

WTI bulls are targetting the high of 2018. EIA draw, weak USD, geopolitical turmoil is the perfect storm for oil. Crude oil is trading at around 65.49 up almost 3%  as geopolitical tensions intensify and oil demand increases. The meeting between Trump and Saudi Crown Prince Mohammad Bi ...

Peru stocks higher at close of trade; S&P Lima General up 0.88%

Investing.com – Peru stocks were higher after the close on Wednesday, as gains in the S&P Lima Juniors, Mining and Banking&Financials sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.88%. The best performers of the session on the S&P Lima General were ...

Brazil Interest Rate Decision meets forecasts (6.5%) in March 21

Bitcoin Rally Cools Despite Twitter CEO Backing of a Bitcoin-Led Future

Investing.com – The bitcoin rally eased on Wednesday despite Twitter CEO Jack Dorsey’s endorsement of the popular digital currency, claiming it would become the “world’s single currency.” Bitcoin fell 0.66% at $8,865.1 after hitting a high of $9,177.5 on the bitfinex exchange. "The world ultim ...

RBNZ broken down: no discernible market reaction to the release – ANZ

Analysts at ANZ explained that at today’s OCR announcement the RBNZ left the OCR at 1.75%, and retained a cautiously upbeat stance and that in Grant Spencer’s last OCR announcement as Acting Governor, the RBNZ kept the message clear and consistent. Key Quotes: The RBNZ remain ...