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Market Update – April 3 – Q2 kicks off with Easter Week


Q2 will begin with Easter Week. Many markets around the world will close for the holiday, which could lead to a slower pace of trading. 

USD strengthened today and extends Friday’s gains with the help of diminished bank fears and the improved outlook on the economy. US Stock markets The Q1 quarter ended with solid gains, some quarter-end flows and solid gains. The major indexes are now higher for the year to-date, as a result of the US100‘s 16.8% pop. Asian markets are stronger into the third quarter, US futures tend to be lower, but European futures are mixed. Australian According to property research group, national home values increased 0.6% in March compared to February. This broke a 10-month streak that had been falling, which was broken by a 0.6% increase in February. CoreLogic. Oil Today, the price of a barrel rose to $5+ OPEC surprised the world with a sudden output cut.

Overnight: Japan – Tankan Large All Industry Capital Expenditure missed significantly (3.2% vs. 9.9%), China – Caixin PMI (50 vs. 51.7)Australian Building Permits4% vs. -2.6%).

  • FXUSDIndex To be rallied 12.58, EUR The temperature dropped to 1.0780 Trades to Last week: 1.0930 CHF The top to 0.9195 However, the USD is currently gaining ground after Swiss CPI inflation fell more than expected. JPY Continued spiking 133.80 Japanese data missing…

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