Market Overview

ForexLive Asian midday wrap: China's CPI higher than expected


China's CPI +3.6% YoY, up from 3.2% in February
Japan's current account surplus JPY1180 billion, a fall of 30.7% YoY
Former Greek FinMin says Greece must decide whether to stay in EUR or not
Nikkei -1.3%, Kospi -1.3%, HK -1%, Shanghai _0.5%
USD/CNY mid-point 6.3020
Oil fell heavily after big gains on Thursday, down 1.3% on session to $102/bbl
Gold $1637/oz

Ranges: USD/JPY 81.21/58; EUR/USD 1.3031/1.3103; AUD/USD 1.0253/1.0310; cable 1.5837/90; EUR/CHF 1.2006/16.

Most of Europe is closed today so the market should probably stay very quiet until NY opens later tonight.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Markets


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