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USD, JPY Outlook: RBC Capital Markets

Qutoes from RBC Capital Market USD:Retail sales are the only data highlight. They may be impacted by bad weather in Feb, but that will unwind in March, ultimately supporting our economists' call for consumption to grow b…

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Qutoes from RBC Capital Market

  • USD:

    Retail sales are the only data highlight. They may be impacted by bad weather in Feb, but that will unwind in March, ultimately supporting our economists' call for consumption to grow by 2.3% in Q1.

  • JPY: 

    Q3 GDP was revised lower from 2.2% to 1.5% annualised on the back of weaker consumer spending and capital expenditure.

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