Preview of key US data coming up – Nomura

Analysts at Nomura noted the forthcoming key US data releases coming up today in a preview. Key Quotes: "ADP private employment: Reflecting our forecast for private payrolls in the BLS employment report on Friday, we expect ADP to report an increase of 110k in private payrolls for Marc ...

AUD/USD holding near 0.77 ahead of Aussie Retail Sales

The Aussie faces Retail Sales early today following a risk-on swing from Tuesday. Geopolitical tensions continue to limit risk appetite potential. The AUD/USD is lacking conviction heading into the Tokyo markets, trading into 0.7680 ahead of the Aussie Retail Sales figures at 01:30 GMT. The AU ...

NZD/USD: rebounds on improved risk sentiment – ANZ

Analysts at ANZ explained that NZD rebounded with better risk sentiment overnight.  Key Quotes: "Recent ranges have been respected and there are few local events to suggest a change today." "The NZD continues to appear relatively resilient to attempts to move lower for now, dip ...

United Kingdom BRC Shop Price Index (YoY) declined to -1% in March from previous -0.8%

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

Aussie retails sales overview The calendar is a busy one for the Aussie today, starting with retail sales for the month of Feb and scheduled for 11:30am Syd/9:30am Sing/HK, (0130GMT). In recent months, results have been less than impressive following a dubious end to 2017's impressiv ...

Trump wants to deploy the military to the US-Mexico border – Reuters

As reported by Reuters, US President Donald Trump stated Tuesday that he wants to deploy the US military to the US-Mexico border to beef up law enforcement until he can find funding for his 'border wall', a key platform on his electoral campaign, and one that has sat unfulfilled sinc ...

US list of China tariffs violates international trade rules – China Press

The Xinhua News Agency of the Chinese Press is reporting that the US' list of tariffs on Chinese goods violates international trade rules after the US released a list of targeted goods for additional duties. Key highlights Xinhua, a Chinese state-run news agency has responded quickl ...

GBP/JPY catches some lift to challenge the 150.00 handle

The GBP/JPY lifted in Tuesday's action, driven by a broad-market Yen sell-off as risk flows reverse direction. Little is scheduled for the macro calendar, and risk sentiment will be the driver. The GBP/JPY is holding near Tuesday's high after climbing steadily through the day, and th ...

Forex today: risk sentiment bounces back and dollar stays firm

Forex today saw a mixed dollar as the euro continued to unwind as markets weigh up the reflation trade, (DXY range 89.849 - 90.275, (towards neckline resistance at 90.50-60, +0.15 at time of writing at 90.1880), while trade war angst was also diminishing on recent and more positive NAFTA / plu ...

Market wrap: USD index up 0.2% on the day – Westpac

Analysts at Westpac noted that risk sentiment had improved, where US equities rose, "partly helped by US officials downplaying the chances of action against Amazon. US bond yields and the US dollar also rose," the analysts added. Key Quotes: "Risk sentiment improved." "U ...

No White House action against Amazon planned – Reuters

Reporting by Reuters is picking up statements from an unnamed source within the White House administration who is claiming that the White House has no plans to commit policy actions against Amazon at this time, but 'that could change' in the near future. President Trump has been ...

AUD/JPY fighting back to 82.00 as risk sentiment improves

Risk appetite has returned for now and the Aussie is clawing back losses against the Yen from the week's opening rout. Mid-tier data awaits both currencies early in the Asia trading session. The AUD/JPY pair is heading into the 82.00 handle after climbing steadily through Tuesday' ...

Peru stocks higher at close of trade; S&P Lima General up 0.51%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Banking&Financials, Mining and Telecoms sectors led shares higher. At the close in Lima, the S&P Lima General added 0.51%. The best performers of the session on the S&P Lima General were Aceros Arequip ...

Crude oil WTI sub $64 ahead of EIA inventories on Wednesday

Russia’s oil output surged in March to an 11-month high. WTI rebounded slightly on Tuesday after Monday’s selloff. Crude oil WTI is trading at around $63.55 up 1.15% on Tuesday as it partially recovered some losses seen on Monday. The market is shifting its focus the EIA Crud ...

Fed’s Brainard: gradual increases in rates are appropriate

Fed's Brainard has been speaking recently and further statements have ht the wires including one where it was stated that gradual increases in rates are appropriate. Further key comments: U.S. Trade policy a 'material uncertainty' to the economic outlook. U.S. Fiscal stimulus ...