AUD/JPY slips, loses the 83.00 handle as Syria crisis deepens

AUD/JPY walking back gains as markets brace for expanding Middle East conflict. The Yen is likely to bounce higher if allied forces begin missile strikes in Syria. The AUD/JPY is heading into the Asia session trading near 82.90 after declining slightly in Wednesday's markets. The pai ...

United Kingdom RICS Housing Price Balance below forecasts (2%) in March: Actual (0%)

Forex today: FOMC minutes overshadowed by geropolitical angst

Forex today was dominated by geopolitical headlines where a thwarted missile attack in Riyadh, Saudi Arabia, and U.S. President Donald Trump’s threats to launch missiles at Syria drove investors into gold, the yen and a late exit out of stocks as well.  Indeed, just as Trump make ...

New Zealand Electronic Card Retail Sales (MoM) came in at 1%, above expectations (0.5%) in March

New Zealand Electronic Card Retail Sales (YoY): 6% (March) vs 3.3%

Goldman Sachs expecting a June Fed rate hike

Goldman Sachs has updated their expectations for the Fed's rate meeting in June, and are now anticipating an all-but-sure rate hike from the US Fed. Key highlights: GS expect a Fed rate hike in June. GS' probability says an 85 percent chance of June hike. Based on more hawkish FOM ...

NZD/USD holding at the top near 0.7350 ahead of RBNZ’s McDermott

The Kiwi is running into old resistance at previous month's swing highs after the week turned bullish at the start. Broader markets are looking hesitant as the Syria crisis begins to drag outside observers into the fray. The Kiwi is holding tightly to the 0.7355 level after middlin ...

Bitcoin Trades in Tight Range After Retreat From Above $7,000

Investing.com – Bitcoin traded in a tight range Wednesday as traders contemplated whether its support at current levels would hold or whether further downside pressure was yet to come. Bitcoin rose 0.61% to $6,881.9 on the Bitfinex exchange, as trading was restricted to a narrow $240 range ...

UK’s PM May to ask Cabinet meeting about Syria strikes – Sky News

The United Kingdom is throwing their hat into the fray over the Syria gas attacks over the weekend that has seen the US and Russia exchange barbs this week at the UN and over Twitter. Prime Minister Theresa May has called a special cabinet meeting, where she is expected to ask the specia ...

Market wrap: mixed outlook on Russia/ US risks – Westpac

Analysts at Westpac explained that the equity rally inspired by China president Xi’s speech was punctured by US president Trump’s tweeted missile threats against Syria and Russia – though he did also suggest ending the arms race with Russia.  Key Quotes: "US treasur ...

Peru stocks higher at close of trade; S&P Lima General up 0.21%

Investing.com – Peru stocks were higher after the close on Wednesday, as gains in the S&P Lima Juniors, Mining and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.21% to hit a new 1-month high. The best performers of the session on the S&P Lima ...

Wall Street down as the US gets ready to strike Syria

Middle-East geopolitical turmoil weighs on the markets. US inflation report and hawkish FOMC minutes didn’t affect stocks. US stocks traded down on Wednesday’s trading on the back of heightened tensions in the Middle-east. The S&P 500 is down -0.55% to 2,648. The Dow Jone ...

Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow 1. Geopolitical Tensions, Jobless Claims, Kashakri Speech on Tap While geopolitical tensions are expected to remain front and centre on Thursday, U.S. economic data could provide a much needed distraction with ...