Market update 08-03-17

We have some big economic announcements these next couple of days concerning our basket of currencies which our Fijian Dollar is pegged against.
Today we have the Japanese Gross Domestic Product (QoQ) (Q4) which is expected to increase from 0.2% to 0.4%.
We also have the Chinese Trade Balance (Feb) which is expected to reduce from $51.40B to 25.75B.
Tomorrow morning we have the United States ADP Employment Change (Feb) expected to reduce from 246K to 190K and their Nonfarm Productivity (Q4) to increase from 1.3% to 1.5%.
Friday morning, The Euro awaits European Central Bank deposit Rate Decision with expectation to stay at -0.4%.
New Zealand has their Electronic Card Retail Sales (MoM) (Feb) and Australia with their Investment Lending for Homes (Jan) both of which still awaiting consensus.

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