US #stockmarkets Closed Mixt – Industrials higher – Tech lower (#Samsung said they will cut chip production – lifting Western Digital & Micron +8%). USD The recovery continued (USDIndex reached its peak at 102.50), Treasuries Slipped again (10 yr). 3.41%( #BTC Bruted $30k For the first time in 10mths. Stocks are higher in the Asian session (ASX +1.3% after Easter break & Nikkei +1.4% New BOJ Governor, Dovish outlook Ueda & Buffet He stated that he would add to his Japanese investments. AUD Outperforming.
Overnight Data Chinese #CPI Cool to 0.7% Starting at 1.0% And they have not met their expectations. #PPI The deflationary effects of the fall continued to be significant at -2.5% Starting at -1.4%
- FX – USDIndex To be rallied 102.50 Yesterday and today 102.00 Today. EUR Tested down to 1.0850 But it is back to testing 1.0900 today. JPY Bruted 133.00 yesterday & rallied to 133.88 BOJ Governor Ueda, It was confirmed that there will not be any immediate policy changes by the BOJ. Sterling’s Reduction from the key 1.2500 Attained a halt 1.2350 Trades now at 1.2400 today.
- Stocks – Closed mixed on US markets (+0.30% to 0.033%) After a weak open. #US500 Closed at 4109 – US500 FUTS today are higher 4140. Q1 Earnings Season The big begins Wall Street…