US Equities closed at new all-time highs, (Service PMIs at record, TSLA beats delivery targets – shares up +4%) USD & 10-yr yields cool. No change to rates (0.1%), bond buying or outlook from RBA, AUD unfazed. Yellen suggests global minimum tax rate, Credit Suisse announces $4.7bn hit from Archegos margin call. Overnight JPY earnings better, spending worse, CNY Services PMIs beat. UK shops, pubs & restaurants open from April 12, NZ-Aus flight corridor same day. Globally 658 million vaccines administered across 151 countries. India & Brazil remain areas of concern.
Today – EZ unemployment, ECB asset purchases, US JOLTS.
Biggest (FX) Mover @ (07:30 GMT) NZDCHF (+0.20%) rallied from test of 200MA on open (0.6600) to PP at 0.6620 and over 50 MA. Yesterday declined from 0.6645 high. Faster MAs remain aligned higher, RSI 53 and rising, MACD histogram & signal line aligned higher but under 0 line from open after yesterday’s fall. Stochs rising. H1 ATR 0.0008, Daily ATR 0.0046.
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