New Zealand hits its inflation target for the first time in 5 years. Their first quarter inflation recorded 2.2% from an expected 2%.
Japan’s exports rose 12% from a year earlier. Their imports recorded 15.8% which is the biggest gain in more than three years and their trade surplus for March was 614.7 billion yen.
A drop in the oil prices have weighed down the energy sector which has pulled the S&P 500 and the Dow Jones lower by 0.01% and 0.39% respectively.
Meanwhile, markets are presumed to trade in cautious tone with the outcome of the French presidential elections due at the weekend.