Key events ahead - Westpac

Analysts at Westpac explained the events lined up ahead.

Key Quotes:

"Australia Mar NAB business sentiment is out at 11:30am Syd/9:30am Sing/HK. The business conditions index in Feb was +8, which compares to a 10 year average of +4 and a range of -17 to +20. Confidence was last at +3.

In Asia, there is the India Mar CPI release. UK Mar CPI is expected at 0.3% m/m, 0.4% y/y. Core inflation has been firmer but upward pressure is seen to remain fairly limited at 1.3% y/y. This comes ahead ofThursday’s BoE meeting and there has been some chatter of the possibility that the dovish members vote for a rate cut. The US calendar is limited to NFIB small business optimism. Fedspeak continues with Harker, Williams and Lacker."

Option expiries for today's New York cut

Option expiries for today New York cut at 10:00 ET, via DTCC, can be found below. - EUR/USD: 1.1250-55 (E1.8BLN), 1.1400 (E1.8BLN), 1.1450 (E488M), 1
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Japan Bank lending (YoY) fell from previous 2.2% to 2% in March

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