April 2017

European Markit PMIs miss forecasts, USA equity markets rise tentatively as Trump issues threats, U.S. dollar recovers, whilst euro sells off versus most peers Politics dominated the economic calendar landscape on Thursday, with the key figures of Trump and Draghi taking centre stage. Moving on from the frustrations of not being likely to undertake reforms

USA markets sell off after Fed states equities are “quite high”, gold recovers losses ends day flat, sterling recovers, as services PMI data calms investors’ Brexit fears Wednesday provided plenty of fireworks, in terms on economic calendar events and political issues. Several ‘soft’ USA data publications missed forecasts, whilst later in the New York session

USA equity markets end the day close to flat, oil price spikes, gold and silver maintain recent gains, whilst sterling falls, as UK construction data misses forecast As widely expected and broadcast, via the RBA’s forward guidance, Australia’s central bank kept their interest rate level unchanged at 1.5%. Earlier, the Australian trade balance had come

Yen rises versus major peers, sterling falls due to Brexit fears, dollar slips, as do USA equities, before staging a late recovery The majority of the various Tankan surveys for Japan, published on Monday in the early Asian session, missed forecasts. This may have assisted yen rising versus its major peers, gains that were maintained

PMIs, FOMC minutes, political events and non-farm payroll data to dominate the week’s economic calendar landscape Sunday evening will witness the publication of the various Japanese Tankan surveys, these monthly metrics can have a significant effect on both Japan’s equity indices and the value of yen. Last week Japan published data revealing that, despite the