USD/JPY is up 40 some points as Chinese President Xi is speaking – AUD/USD up 35 or so points – AUD/JPY …. yowza! (A technical term) – US equity index futures in overnight trade higher also Xi is finished now – no escalation in trade war rhetoric, that’ll be a positive along with his other…
Chinese President Xi Jinping speaking at at Boao forum (is it just me or this a tad, umm, boring?) More: well …. this is getting a bit better – I can’t say I am surprised by all the opening up, more imports, better Ip protection rhetoric though
These the large amount and close by expiry fx options EUR/USD … nope USD/JPY – 106.00 USD amounts 610m – 106.25 650m USD/CAD – 1.2655 USD 722m – 1.2700 533m NZD/USD
National Australia Bank Business Survey for March Uh-oh …. While there is no expectations survey for these two indicators we have become accustomed to improvements in the ‘conditions’ part … but none for this today!
Yen and CHF both edging a few points higher against the USD EUR up a few tics also. Moves are tiny …. and it could be nothing …. let me rephrase that …. it nothing.
IMF Deputy Managing Director Mitsuhiro Furusawa speech – The global economy continues to strengthen on the back of investment and trade – capital flows to emerging markets remaining resilient via Reuters
Says it was a mistake to ask school official to lie — This scandal has impacted on Abe, and his government’s, popularity. The impact seems to be tapering off though. Which is a relief.
I’ve seen this question asked quite a bit already today. And fair enough too This has been my response so far: don’t know sry the website with the program is not very helpful at all
Not a great way to end the day The US stocks gave up most of the gains for the day and are closing near the lows. There was a report late in the day, that the FBI raided Trump lawyer Cohen. That may have helped contribute to the last flush lower (see S&P chart below).
FBI raids New York office The FBI seized records from Trump’s longtime personal lawyer after receiving a referral from special counsel Robert Mueller. They say the search does not appear to be directly related to Mr. Mueller’s investigation, but likely resulted from information he had uncovered and gave to prosecutors in New York.