Welcome, Traders!
Today is the 3rd of April / the 4th of April depending on where you are.
Here are some things to look out for in the session.
Sentiment
The US dollar fell and Treasury yields fell after a key manufacturing indicator in the US fueled concerns about economic growth, outweighing the potential inflationary impact of increased oil prices. The Norwegian krone, Australian dollar, and Canadian dollar advanced the most among major currencies after OPEC+ announced a surprise reduction in oil production, increasing oil prices. Australia's policymakers will announce a rate decision on Tuesday.
Docket
7:00 PM ET
South Korean CPI YoY - Forecast: 4.3% | Prior: 4.8%
South Korean CPI MoM - Forecast: 0.2% | Prior: 0.3%
7:50 PM ET
Japanese Monetary Base YoY - Forecast | Prior: -2%
00:30 PM ET
RBA Cash Rate - Forecast is for no change to 3.60%.
Good luck!
