Japan Vehicle Sales (YoY) increased to -3.2% in March from previous -4.6%

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Apr 1, 2016

USD: Evidence of FX reserves rebalancing – Nomura

Research Team at Nomura, suggests that the FX reserves rebalancing may explain some of the weakness in USD.

RBA on hold; unchanged rhetoric on AUD – Westpac

Bill Evans, Chief Economist at Westpac, suggests that the Australia’s Reserve Bank Board meets next week on April 5 and they expect that the Board will decide to hold rates steady.