Key events ahead: Yellen speaks in New York - Westpac

Analysts at Westpac noted the key events ahead.

Key Quotes:

"In Asia, we get the rest of the month-end slew of data from Japan but none of it is likely to be market moving. US March consumer confidence is seen to rise to 94.0 from 92.2.

The US S&P/Case-Shiller Jan house price index is also out. Fed chair Yellen’s speech at the Economic Club of New York will be the highlight. This comes after various Fed officials last week declared both April and June policy meetings to be “live” and generally sounded less dovish than Yellen did at her press conference."

AUD/USD awaits next catalyst this week

AUD/USD was climbing higher in the US shift on a broad based sell-off in the greenback in thin markets that allowed for such a big move in the dollar. The volatility comes ahead of a schedule packed week for the markets with further US data and Fed Chairwoman Janet Yellen speaking in the U.S. session tonight.
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Plenty to ponder within mixed US inflation - ANZ

Analysts at ANZ explained that it is certainly not a global economic backdrop where one could say that a lot of clarity is on offer at present.
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