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US: Fed data watch shapes rate outlook – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights a busy US data calendar for the Dollar, with February PCE, March CPI and the University of Michigan survey guiding inflation expectations.
Fxstreet
Tue, Apr 7
United Kingdom S&P Global Services PMI below forecasts (51.2) in March: Actual (50.5)
United Kingdom S&P Global Services PMI below forecasts (51.2) in March: Actual (50.5)
GBP/USD
Fxstreet
Tue, Apr 7
United Kingdom S&P Global Composite PMI below expectations (51) in March: Actual (50.3)
United Kingdom S&P Global Composite PMI below expectations (51) in March: Actual (50.3)
GBP/USD
Fxstreet
Tue, Apr 7
ECB’s Wunsch: I'm going to the meeting in April being open
European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said in the Wall Street Journal’s (WSJ) What's News podcast conducted on Monday and released on Tuesday that the central bank could deliver an interest rate hike in the April meeting to limit the effect of
EUR/USD
Fxstreet
Tue, Apr 7
China Foreign Exchange Reserves (MoM) came in at $3.342T below forecasts ($3.4T) in March
China Foreign Exchange Reserves (MoM) came in at $3.342T below forecasts ($3.4T) in March
Fxstreet
Tue, Apr 7
Equities: Markets price future Middle East de-escalation – Danske Bank
Danske Bank analysts observe that global equities are about 4% above recent lows, with investors increasingly pricing a future de-escalation in the Middle East. Cyclical sectors have outperformed and volatility has declined across regions and asset classes.
Fxstreet
Tue, Apr 7
Forex Today: Markets remain cautious as Trump's deadline approaches
Here is what you need to know on Tuesday, April 7:
Fxstreet
Tue, Apr 7
Spain HCOB Services PMI came in at 53.3, above expectations (50.8) in March
Spain HCOB Services PMI came in at 53.3, above expectations (50.8) in March
Fxstreet
Tue, Apr 7
Switzerland Foreign Currency Reserves increased to 721B in March from previous 710B
Switzerland Foreign Currency Reserves increased to 721B in March from previous 710B
USD/CHF
Fxstreet
Tue, Apr 7
Austria Wholesale Prices n.s.a (YoY) up to 5.4% in March from previous 1.1%
Austria Wholesale Prices n.s.a (YoY) up to 5.4% in March from previous 1.1%
Fxstreet
Tue, Apr 7
Austria Wholesale Prices n.s.a (MoM) increased to 3.9% in March from previous 0.7%
Austria Wholesale Prices n.s.a (MoM) increased to 3.9% in March from previous 0.7%
Fxstreet
Tue, Apr 7
Canadian Dollar declines as Trump's Iran deadline jitters
The USD/CAD pair trades in positive territory around 1.3915 during the early European trading hours on Tuesday.
USD/CAD
Fxstreet
Tue, Apr 7
AUD/USD: Capped rebound within broader range – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note AUD/USD rebounded to 0.6938 instead of drifting lower, but the move lacked momentum. The pair is seen trading between 0.6890 and 0.6940 in the near term and within a wider 0.6835–0.6955 band over one to three weeks.
AUD/USD
Fxstreet
Tue, Apr 7
RBNZ: Seen on hold as war clouds outlook – Commerzbank
Commerzbank’s Volkmar Baur expects the Reserve Bank of New Zealand (RBNZ) to keep rates unchanged at its April meeting, despite the Reserve Bank of Australia’s (RBA) recent hike and the Third Gulf War shock.
NZD/USD
Fxstreet
Tue, Apr 7
ECB’s Radev: It is too early to say if a rate hike is needed for April meeting
The European Central Bank (ECB) policymaker, Dimitar Radev said on Tuesday that it is too early to say if rate hike at the April policy meeting is needed.
Fxstreet
Tue, Apr 7
Japan Coincident Index down to 116.3 in February from previous 117.9
Japan Coincident Index down to 116.3 in February from previous 117.9
Fxstreet
Tue, Apr 7
Japan Leading Economic Index came in at 112.4, above expectations (112.3) in February
Japan Leading Economic Index came in at 112.4, above expectations (112.3) in February
USD/JPY
Fxstreet
Tue, Apr 7
USD/CNH rises to near 6.8800 due to safe-haven demand
USD/CNH gains ground after registering modest losses in the previous session, trading around 6.8800 during the Asian hours on Tuesday.
USD/CNH
Fxstreet
Tue, Apr 7
Asian stocks trade mixed as Iran deadline and oil-driven Fed fears unsettle markets
Asian equity markets opened mixed on Tuesday, tracking US stock index futures, as investors remain cautious ahead of US President Donald Trump's deadline for Iran to reopen the Strait of Hormuz.
Fxstreet
Tue, Apr 7
Iran warns Trump to surrender in 20 hours or allies face "palaeolithic age"
The advisor to Iran's Parliament Speaker, Mohammad Bagher Ghalibaf, said on Tuesday that US President Donald Trump has about 20 hours to either surrender to Iran, or his allies will return to the Paleolithic Age. Ghalibaf emphasized that Iran will not back down.
Fxstreet
Tue, Apr 7
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