Germany Retail Sales (YoY) below forecasts (1%) in February: Actual (0.7%)
Germany Retail Sales (YoY) below forecasts (1%) in February: Actual (0.7%)
Germany Import Price Index (MoM) above forecasts (0.2%) in February: Actual (0.3%)
Germany Import Price Index (YoY) remains unchanged at -2.3% in February
United Kingdom Current Account above expectations (£-23.4B) in 4Q: Actual (£-18.4B)
United Kingdom Gross Domestic Product (QoQ) meets expectations (0.1%) in 4Q
Asian stock markets are significantly down in Tuesday’s trade as fears of oil prices remaining persistently higher are intact, even as hopes of an end to the month-long war in the Middle East have improved.
Japan Construction Orders (YoY): 42.7% (February) vs 5.7%
The EUR/USD pair attracts bids after a five-day losing streak and edges higher to near 1.1475 during the Asian trading session on Tuesday. The major currency pair ticks up as the US Dollar (USD) edges down amid hopes of an end to the month-long war in the Middle East.
Japan Housing Starts (YoY) came in at -4.9% below forecasts (-4.7%) in February
Japan Annualized Housing Starts down to 0.751M in February from previous 0.755M
GBP/USD halts its five-day losing streak, trading around 1.3200 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bearish bias, as the pair moves downwards within the descending channel pattern.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.