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The BOJ did not add new stimulus and China is considering a transaction tax. This adds to the already negative mood and strengthens the yen and the dollar. The focus now shifts to the US: retail sales is a top tier figure that finally surprised last month and will be closely watched today. There are also other important releases ahead of the all-important Fed decision tomorrow. Also note the US primaries: a victory for Trump in Ohio and Florida could upset markets while losses for the billionaire could boost the market mood.

Wrap up of the morning show for Tuesday, March 15th: