What Key events and releases will be on the schedule next week?Monday, April 4Spanish employment statistics, 3 AM ET/0700 GMT. Forecast 15.3K vs -11.4K last weekBOE Bailey speaks.  5:05 AM ET/0905 GMTUS factory orders, 10 AM ET/1400 GMT. Estimate -0.5% versus 1.4%Bank of Canada business outlook surv

The price of WTI crude oil futures is settling at $99.27. That is down -$1.01 or -1.01%. The high price today reached $101.75 while the low extended to $97.78. A week ago today, the price closed at $113.90. The decline of $14.63 represents a tumble of -12.84% for the week. the high for the week was

EURJPY consolidates between hour MA levels

The EURJPY moved below its 100 hour MA for the first time since March 9th yesterday and moved down to test a swing area between 134.61 and 134.86, along with the rising 200 hour MA. The swing area was modestly broken, but the 200 hour MA could

Headlines:The bond selloff is starting to gather pace againEurozone March preliminary CPI +7.5% vs +6.6% y/y expectedUK March final manufacturing PMI 55.2 vs 55.5 prelimEurozone March final manufacturing PMI 56.5 vs 57.0 prelimSwitzerland March CPI +2.4% vs +2.4% y/y expectedMarkets:AUD leads, JPY l

With the bond selloff resuming, USD/JPY is tracking higher although it is off its earlier high of 122.75 to 122.30-40 levels currently. The pair stays underpinned as month-end and quarter-end trading is also out of the way now, allowing traders to focus a little bit more with less uncertainty.
The d

The DAX is up 0.5%, CAC 40 up 0.6%, while Spanish stocks are leading the way with the IBEX up 1.0%.The high Eurozone inflation figures earlier aren’t doing much harm to equities, after having dropped a little towards the end of March. Elsewhere, US futures are also seeing a slight rebound with S&P 5

Prior +5.9% Core CPI +3.0% vs +3.1% y/y expected Prior +2.7% Euro area inflation hits another record high, with a big surge in March as energy prices are the main culprit. That said, the details also show that inflation in food prices, services and durable goods all also above the

An economy
undergoes periods of expansions followed by periods of contractions. These ups
and downs in economic growth are natural as the economy is basically a
reflection of human behaviour. The business cycle is divided into four phases:
expansion, peak, recession,

 

NHK reports on the matter, with witnesses saying that the earthquake has also shook buildings in Tokyo.