(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:30 Australia Retail Sales, M/M March 0.5% 0.4% 0.7%
01:30 Australia Retail Sales Y/Y March 0.5% 0.7%
01:30 Australia ANZ Job Advertisements (MoM) March 0.7% -1.4%
04:30 Australia Announcement of the RBA decision on the discount rate 2.25% 2.25% 2.25
04:30 Australia RBA Rate Statement
The U.S. dollar is trading mixed against its major peers after yesterday's ISM-Non Manufacturing slightly below estimates. New York Fed President William Dudley said in a more or less dovish speech that temporary factors will have to be considered in order to determine the timing of a rate hike as the future developments of the economy cannot be anticipated.
The Australian dollar jumped against the U.S. dollar as the RBA left rates unchanged at 2.25% but said that future rate cuts could be necessary and appropriate in order to keep growth and inflation consistent with the target and that the bank will assess the case for such action in the meetings to come. The AIG Services Index for March declined from 51.7 to 50.2. Australia's Retail Sales rose above forecast +0.7% from a previous reading of 0.5% revised up from +0.4%). Analysts expected a lower growth at +0.4%. Year on year Retail Sales rose +0.7 in March compared to +0.5% a year ago (revised from 3.1%). ANZ Job Advertisements for March declined -1.4%. Last month's reading of +0.9% was revised down to +0.7%.
New Zealand's dollar booked losses against the greenback during the Asian in the absence of any major economic news.
The Japanese yen is trading slightly higher against the greenback in the Asian session in the absence of major economic news.
EUR/USD: the euro traded almost flat against the greenback
(time / country / index / period / previous value / forecast)
07:00 Switzerland Foreign Currency Reserves March 509.3
07:50 France Services PMI (Finally) March 52.8 52.8
07:55 Germany Services PMI (Finally) March 55.3 55.3
08:00 Eurozone Services PMIт (Finally) March 54.3 54.3
08:30 Eurozone Sentix Investor Confidence April 18.6 20.9
08:30 United Kingdom Purchasing Manager Index Services March 56.7 57.1
09:00 Eurozone Producer Price Index, MoM February -0.9% 0.1%
09:00 Eurozone Producer Price Index (YoY) February -3.4% -3.0%
14:00 U.S. JOLTs Job Openings February 4998 4978
19:00 U.S. Consumer Credit February 11.6 13.6
20:30 U.S. API Crude Oil Inventories April 5.2
23:50 Japan Current Account, bln February 61 1150