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19 Mar 2015
Key events ahead - Westpac
FXStreet (Bali) - Sean Callow, FX Strategist at Westpac, breaks down the key events for the day ahead, with the SNB meeting, US Q4 current account and US initial jobless claims.
Key Quotes
In Australia, the Q1 ACCI-Westpac survey of the manufacturing sector and RBA Mar Bulletin will be released. Otherwise, the Asia calendar is quiet.
The Swiss National Bank announces its quarterly policy review at 4:30pm Sing/HK. The current target range for 3mth CHF LIBOR is -1.25% to -0.25%. Any commentary on CHF will be closely watched, with most assuming that the SNB would view the franc as too strong at EUR/CHF 1.0660.
US Q4 current account balance will be released. The initial jobless claims data this week includes the March nonfarm payrolls survey. We could see a rise here in claims from the recent snow causing delays in filing. The Mar Philadelphia Fed factory survey has been at lows since Feb, and it will be interesting to see if it has further to fall. The market however is expecting a slight recovery to 7.0 from 5.2 in Feb.
Key Quotes
In Australia, the Q1 ACCI-Westpac survey of the manufacturing sector and RBA Mar Bulletin will be released. Otherwise, the Asia calendar is quiet.
The Swiss National Bank announces its quarterly policy review at 4:30pm Sing/HK. The current target range for 3mth CHF LIBOR is -1.25% to -0.25%. Any commentary on CHF will be closely watched, with most assuming that the SNB would view the franc as too strong at EUR/CHF 1.0660.
US Q4 current account balance will be released. The initial jobless claims data this week includes the March nonfarm payrolls survey. We could see a rise here in claims from the recent snow causing delays in filing. The Mar Philadelphia Fed factory survey has been at lows since Feb, and it will be interesting to see if it has further to fall. The market however is expecting a slight recovery to 7.0 from 5.2 in Feb.