Britain’s exporters are benefiting from an economic “sweet spot” because the pound is weak and there has not been any disruption from Brexit - but companies have also been warned that it might not last for long.
India is planning to introduce a new monetary-policy tool in the coming financial year to better manage a banking system swimming in excess cash, people familiar with the matter said.
Consumer sentiment in Germany has edged lower, with the April GfK sentiment reading slipping to 9.8 from 10 on increased fears over rising inflation in Europe's largest economy.
The Reserve Bank of New Zealand left interest rates unchanged at 1.75% at their March 23 meeting. Markets were expecting this outcome but they were interested in the tone the RBNZ would adopt as a downbeat message would likely put the NZD under pressure.
KUALA LUMPUR, March 23 — Bank Negara Malaysia (BNM) plans to introduce new measures to help businesses deal with the ringgit’s value, Governor Datuk Muhammad Ibrahim said.
Next trading day's important events
- USDJPY: 110.97
- EURUSD: 1.0787
- S&P 500: 2350.11
- NASDAQ: 5822.16