Welcome, Traders!
It is Wednesday 15th / Thursday 16th of March, depending on where you are.
Here are some things to expect ahead of the APAC session today.
Sentiment
The euro and Swiss franc were among the worstperforming G-10 currencies on Wednesday, as new Credit Suisse Group AG problems soured risk sentiment, despite Swiss regulators saying the bank will receive a liquidity backstop if necessary. The US dollar index rose for the first time in five days, and bonds rallied globally.
Docket
5:45 PM ET
New Zealand GDP QoQ for 4Q
Median Forecast: -0.2% | Prior: 2.0% | Range: 0.5% / 1.5%
7:50 PM ET
Japanese Core Machinery Orders MoM for January
Median Forecast: 1.4% | Prior: 1.6% | Range: 3.5% / -3.4%
Japanese Core Machinery Orders YoY for January
Median Forecast: -3.9% | Prior: -6.6% | Range: 0.0% / -8.5%
Japanese Total Trade Balance for February
Median Forecast: -1,150B | Prior: -3,496.6B | Range: -507.5B / -2176.2B
Japanese Imports YoY for February
Median Forecast: 12.4% | Prior: 17.8% | Range: 18.5% / 3.9%
Japanese Exports YoY for February
Median Forecast: 7.0% | Prior: 3.5% | Range: 12.7% / 0.9%
8:30 PM ET
Australian Employment Change for February
Median Forecast: 50.0k | Prior: -11.5k | Range: 100.0k / 4.0k
Australian Unemployment Rate for February
Median Forecast: 3.6% | Prior: 3.7% | Range: 3.8% / 3.5%
Good luck!
