#USD continued to unwind, Yields dipped on profit taking and moved lower, Stocks very mixed; worst was #NASDAQ -1.22%, NFLX -35%, FB -7.7%, IBM +7.10% and TSLA -4.96% (but recovered all of that after hours). Asian Markets also mixed (Nikkei +1.24%, Shanghai -1.77%). #Oil & #Gold tested key support areas before recovering. Fed officials Daly & Evans talk 50 bp hike necessary in May.
Today – EZ CPI (Final), US Weekly Claims & Philadelphia Fed, EZ Consumer Confidence (Flash), Speeches from Fed's Powell, ECB's Lagarde, BoE's Bailey & Mann. Earnings from Meggitt, Nestle (in-line), American Airlines, AT&T and Phillip Morris.
Biggest FX Mover @ (06:30 GMT) #EURNZD (+0.67%) Rallied from lows under 1.5930 yesterday to 1.6055 highs today. Next resistance 1.6100. MAs aligned higher, MACD signal line & histogram moving higher, RSI 64 & rising, H1 ATR 0.0031, Daily ATR 0.01571.
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