Russia: US to face repercussions if they attack Syria – Reuters

Reuters is reporting on Russian UN Ambassador Vassily Nebenzia, who warned that the US would face "grave repercussions" if it were to carry out an open attack on Syrian forces. Key quotes (source: Reuters) “There was no chemical weapons attack,” Nebenzia told the U.N. Securit ...

NZ QSBO: down, but not out – ANZ

Analysts at ANZ explained that the pessimism among NZ businesses persisted into 2018. Key Quotes: "Sentiment improved only slightly, with an uncertain policy environment, capacity pressures and intense margin pressures persisting into 2018." "But firms’ own activity measure ...

EUR/JPY: unable to get through the 50-D SMA as risk sentiment rolls over

EUR/JPY: turns over as stocks flipped on political concerns in Washington once again. EUR/JPY: eyes back to below the rising 50-hr SMA. EUR/JPY has been tracking the performance of equities on Monday with a two-way street of traffic where equities rolled over after an initial rally. Currently ...

US President Trump: decision on Syria imminent

US President Donald Trump has stated during a meeting with military leaders that they are going to make a decision on what to do about Syria either tonight or first thing tomorrow. Trump says that the US' reaction to Syria's recent attack near Damascus will be met 'forcefully' ...

The US wants a UN Security Council vote on Syria Tuesday

On the heels of Trump's announcement that he is planning military action in Syria following the last round of chemical weapon attacks, the US' ambassador to the UN, Nikki Haley, has stated that she wants the UN Security Council to vote on a draft resolution from the US as Trump pushes fo ...

United Kingdom BRC Like-For-Like Retail Sales (YoY) above forecasts (0.7%) in March: Actual (1.4%)

AUD/JPY

The Aussie whipped against the Yen as market sentiment continues to swing. A thin macro calendar to be overshadowed by a looming reaction from China on tariffs. The AUD/JPY is heading into Tuesday near 82.20 after whipping in Monday's action. The pair kicked off the week near 82.00, an ...

Forex today: stocks up, stocks down, risks are all around

The FX space today was once again tracking the performance of Wall Street and global equities that are more volatile and determined by the ever-fickle political developments on and offshore.  Starting out, investor's skin was back in the game on the back of signs that Trump may hav ...

New Zealand NZIER Business Confidence (QoQ) up to -11% in 1Q from previous -12%

AUD/USD back into the 0.77 neighborhood after dipping last week

The Aussie staged a positive recovery from Monday's early bearishness to challenge the 0.7700 level once again. Aussie data remains light until a speech from the RBA's Lowe on Wednesday. The AUD/USD is sitting just beneath the 0.7700 handle heading into Tuesday's markets session ...

Peru stocks lower at close of trade; S&P Lima General down 0.15%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the Services, Electricity and Mining sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.15%. The best performers of the session on the S&P Lima General were PPX Mining Corp (LM:PPX), ...

Wallstreet erases gains as Trump gets ready to retaliate military

In response to the Syrian attack, Trump said he would make a decision in the next 24 to 48 hours. The three main indices reversed the gains made earlier in the session. US Stocks started the day on the front foot as investors shrugged-off tensions between the US and China as many marke ...

Bitcoin Eyes $6,000 Test as Selling Resumes

Investing.com – Bitcoin slumped on Monday after suffering a sharp intraday reversal as ongoing regulatory fears continued to stifle cryptocurrency demand, adding to downside momentum in the wider cryptocurrency market. Bitcoin fell 4.69% to $6,661.9 on the Bitfinex exchange, after meetin ...

Expect a steady increase “core PPI”  – Nomura

Analysts at Nomura explained that the March ISM manufacturing report indicated rising input prices amid heightened concern over the recent tariffs on steel and aluminum.  Key Quotes: "The prices paid index, which often correlates with the PPI for intermediate goods, surged to the highes ...