In our economic calendar this week, New Zealand will be releasing their inflation figures for the first quarter tomorrow and they are expecting it to increase to 2% from 1.3%.
U.S Treasury Secretary will also be giving a speech on Friday.
A look at the global market, U.S. stocks declined yesterday. This was weighed down by a drop in Goldman Sachs and Johnson & Johnson in the wake of their quarterly results, while geopolitical tensions continued to fuel investor caution. European shares hit three-week lows yesterday in volatile trade after Britain’s prime minister called for an early election and the first round of France’s presidential election loomed. Meanwhile, Japan’s Nikkei stock index took its cue from a rebound in U.S. shares and a weaker yen yesterday, ending higher and pulling away from its recent five-month lows. The Nikkei finished up 0.4%.