Get set for China’s March PMIs – TDS

Get set for China’s March PMIs – TDS

Analysts at TD Securities reminds us of the big data ahead, besides tomorrow’s nonfarm payrolls that is, we have China’s March PMIs coming up tonight.Key Quotes:”China’s official NBS manufacturing PMI is expected to potentially show a seasonal bounce, helped by aggressive Q1 credit disbursement,See Original Article

AUD/USD on thin ice ahead of key events

AUD/USD remains better bid on a mixed day for the greenback with quarter-end flows and squaring up. Still, the under tone remains mixed/bullish for the Aussie ahead of today’s data from China, tomorrow’s nonfarm payrolls and next week’s RBA.The fact of the matter is that all the strength in the AussSee Original Article

EUR/USD: technically bullish despite nonfarm payrolls risk – FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that in the 4 hours chart for the EUR/USD, the technical indicators have turned lower within overbought territory.Key Quotes:”The pair has rallied with little corrections in the middle ever since the week started.””The RSI indicator remains abovSee Original Article

Brexit: sterling strength is a dollar story – BTMU

In respect of a Brexit, analysts at Bank of Tokyo Mitsubishi explained that, indeed, the advance of the pound is very much a US dollar story. Key Quotes:”The BOE’s broad trade-weighted index is actually roughly unchanged in March which highlights the continued poor performance of the pound amid iSee Original Article

Markets await Yellen's speech

Markets await Yellen's speech

With Federal Reserve chair Janet Yellen set to speak later today, all eyes are on the Fed to see if Dr Yellen's commentary today is consistent with the
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US Dollar extends the drop below 96.00

The greenback, tracked by the US Dollar Index, has surrendered initial gains and has now returned below the 96.00 handle.US Dollar lower ahead of YellenUSD met increasing selling pressure after market participants have perceived as dovish earlier comments by San Francisco Fed J.Williams, who advocatSee Original Article

BOJ Tankan worsens fundamental outlook in Japan

The Bank of Japan (BOJ) quarterly Tankan report, a survey which aims to assess business conditions in Japanese manufacturing and service industries, came below expectations across the board. The BOJ attributed emerging markets slowdown as likely contributor behind the worsening of big manufacturers See Original Article

U.S. judge dismisses Standard Chartered from currency-rigging case

NEW YORK, March 31 (Reuters) – A U.S. judge on Thursday dismissed Standard Chartered lc from a class action lawsuit accusing it and 15 other banks of rigging prices in the $5.3 trillion-a-day foreign…

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Morning News Call – India, April 1

Morning News Call – India, April 1

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04012016.pdf FACTORS TO WATCH Debt and FX markets shut as banks closed for FY…

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Intra-Day Forex Forecasts – March 29th

Pay close attention to the blue text in these posts (when applicable) as it will refer back to previous comments/forecasts. Note: the Intra-Day FX
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BULLET: FOREX: HSBC strategists note that while ''risk……..

strategists note that while “risk assets have enjoyed a good run in FX over the last month,” there are “signs that a retracement is likely in the short term.
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NFP preview: We estimate an increase of 220,000 – Danske

On Friday, the official employment report will be released in the US, according to analysts from Danske Bank, non-farm payrolls increased 220,000 in March and the unemployment rate remained unchanged at 4.9%.Key Quotes: “We estimate non-farm payrolls increased 220,000 in March, slightly above the See Original Article