Reply To: Traders Market Weekly: Markets Await Big Bankers Earnings


China’s March trade surplus $47.38 bln (expected surplus of $22.40 bln; last surplus of $115.95 bln). March Imports -0.1% yr/yr (expected 8.0%; last 15.5%) and Exports 14.7% yr/yr (expected 13.0%; last 16.3%)
Japan’s February Core Machinery Orders -9.8% m/m (expected -1.5%; last -2.0%); 4.3% yr/yr (expected 14.5%; last 5.1%). April Reuters Tankan Index 11 (last 8)
South Korea’s March Unemployment Rate 2.7% (last 2.7%)
Australia’s Westpac Consumer Sentiment -0.9% (last -4.2%)
New Zealand’s March FPI 0.7% m/m (last -0.1%)
Japan’s Prime Minister Kishida said that the supply of power will be “tight” in the summer and winter. A
former Bank of Japan governor warned that recent weakness in the yen will benefit large companies and will not be welcomed by small companies or households.
The Reserve Bank of New Zealand raised its official cash rate by 50 bps to 1.50% against expectations for a 25 bps hike.