Halister News

(Bloomberg) -- Aussie extends decline after Feb. retail sales comes in unchanged from month earlier, missing median forecast for 0.4% increase.

• AUD/USD falls, heading towards sell stop-loss orders after weak data, an Asia-based FX trader says
  • Australia building approvals gained 3.1% in February on month, more than forecast 2.5% advance; Melbourne Institute inflation gauge unchanged in March from month earlier when it fell 0.2%
• Yen strengthens for second day against dollar after Bank of Japan’s Tankan report shows companies see prices rising 0.8% in 1 year, down from a forecast of 1% in Dec.
  • Monetary base increased 28.5% in March from year earlier
• Ringgit climbs to strongest level since Aug. as foreign funds are net buyers of Malaysian shares for second month in March, purhcasing 6.1b ringgit ($1.58b) of equities, data from Kuala Lumpur stock exchange website show
• Won lead gains among Asian currencies after foreign direct investment into South Korea increased 19.3% in first quarter to $4.24b from $3.55b a year earlier, Ministry of Trade, Industry and Energy says
• U.S. Treasuries advance and yield on 10-year bonds decline 1bps to 1.762%
  • Factory orders due today may show Feb. output decreased 1.8% from month earlier when they increased 1.6%: Bloomberg survey
• Singapore dollar rallies; March purchasing managers index probably rose to 48.9 from 48.5 prior month: Bloomberg survey
• Onshore financial markets are closed in Hong Kong, Taiwan and China
• Taiwan’s National Financial Stabilization Fund should end support after stock market improved, Economic Daily News reports