The current transition of safe-haven investors pushed the yen down to a high level in recent weeks against the dollar and euro on Tuesday over a rise in the yield on bonds Spain and Italy underline the anxiety about the global economy and the Bank of Japan said there are considering to add monetary stimulus.
Gold is up 1% after a decline in the stock market triggered buying safe haven on the action of the gold market. While the price of crude oil was down due to a bad Chinese imports data add anxiety regarding the demand for oil was first triggered by the US labor data is bad in the month of March. The stock exchange AS the largest daily drop in print this year, amid worries about the health of the global economy and the start of the season earnings.
Economic Data today is the core machinery orders from Japan, the monthly reports of the BoJ, Westpac consumer sentiment, home loans from Australia, Germany, the WPI of crude oil inventories, the federal budget and the Fed beige book from the us.
EUR/USD closing 1.3082, high 1.3144, low 1.3052, C:1658.70, H:1662.90, and XAUUSD L:1632.20, CO-S c: 100.92, H: 102.96 L: 100.68. Dow C: 12680, H: 12899, L:12648.