The US dollar remained on the back foot and did not really manage to recover. The end of quarter flows could provide an opportunity for a correction but also the indicators will have their say. Euro-zone CPI and UK GDP could move markets in the morning, and this is followed by Canada’s GDP and US jobless claims. For a broader look, Dudley’s speech could clarify Yellen’s dovishness and Chinese PMIs will give us a view on the state of the global economy, and perhaps it isn’t doing that bad as Yellen thinks.
Wrap up of the morning show for Thursday, March 31 2016
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