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Today could be low volatility day, with parts of Asia and Europe closed. Data and event risks remain low in number and intensity for today.
Upcoming -
- UK - CBI industrial trend survey details will be published at 10:00 GMT. Positive outlook would provide further boost to pound.
- US - Markit economics will release services and composite PMI at 13:45 GMT. US manufacturing PMI dropped last week, similar fall in services would weaken dollar. Dallas FED manufacturing business index to be released at 14:30 GMT.
- Australia - RBA governor Glenn Stevens will be giving speech at 22:40 GMT.
- Japan - Japan will report retail trade statistics around 23:50 GMT along with large retailer sales. Retail sales dropped -2.2% m/m in February.
- Auctions - US will auction 3 and 6 month bills at 15:30 GMT, followed by 2 year note at 17:00 GMT.
