Japanese Yen - JPY
Japanese March leading economic index prints as expected. Survey shows 40 percent, above the previous 27.3 percent.
Respecting Bank of Japan?s independence, Finance Minister Omi hopes that the central bank will continue to support steady growth through monetary policy.
Australian Dollar - AUD
Australia first quarter house price index rises 1.1 percent on the quarterly assessment. Remains lofty at 8.6 percent on the year on year, better than expected.
Europe - Euro
German trade surplus widens to 18.4 billion euros in the month of March. Figure prints wider than expected and shows improvement fro the 14.2 billion euro surplus in the month of February.
Weber notes no clear evidence of globalization dampening inflationary pressures. Comments side with hawkish camp and boosts likelihood of near term rate hike.
UK BRC sales report shows uptick of 4.7 percent. Although widely perceived as positive, figure remains below the previous 6.2 percent, year on year assessment. Boosted growth in sales attributed to warmer weather.
Watch Out For?.
Japanese yen continues to hover around 120?.breaks back lower from the overnight bounce.
British pound remains consolidating right above the 1.9900 figure, ranging likely until the afternoon?s FOMC decision.
Double bottom forming in the euro just above the 1.3520 support figure.