Welcome, Traders!
It is Wednesday 12th / Thursday 13th of April, depending on where you are.
Here are some things to expect ahead of the APAC session today.
Sentiment
Following the release of the US CPI, a key US dollar index fell on Wednesday as the odds of a Fed rate cut before the end of the year increased. Developed-nation currencies advanced, including the Japanese yen, New Zealand dollar, and Australian dollar.
Docket
9:30 PM ET
Australian Employment Change for March
Median Forecast: 20.0k | Prior: 64.6k | Range: 45.0k / 10.0k
Australian Unemployment Rate for March
Median Forecast:3.6% | Prior: 3.5% | Range: 3.7% / 3.4%
11:00 PM ET (Tentative)
Chinese Trade Balance USD for March
Median Forecast: 40B | Prior: 116.88B | Range: 80B / 19B
Chinese Exports YoY USD for March
Median Forecast: -7.1% | Prior: -6.8% | Range: 1.8% / -10.0%
Chinese Imports YoY USD for March
Median Forecast: -6.4% | Prior: -10.2% | Range: 7.2% / -13.3%
Good luck!
