PIMCO: Decent chance BOJ will report further easing measures in April

PIMCO, an American multinational investment management firm, noted their expectations from BOJ’s April monetary policy review, Reuters reports.

Key Points:

Decent chance BOJ will report further easing measures

Chance BOJ will announce easing after April 27-28 meeting

BOJ package could include moderate rate cut, additional JGB buying

EUR/USD in highs near 1.1340, ZEW eyed

The greenback continues to trade on the defensive during the first half of the week, now sending EUR/USD to print daily highs in the 1.1340 area. E
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US: Pace of residential construction expected to slow - TDS

Research Team at TDS, suggests that the pace of US residential construction is expected to slow in March as TD looks for housing starts to decline to
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