Australia AiG Performance of Construction Index declined to 45.9 in April from previous 46.2

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Macro trade: Short NZD/USD - JPMorgan

Paul Meggyesi, FX Strategist at JPMorgan, recommends to stay short NZD/USD this year from a macro level standpoint, saying that positions look overstretched.
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Fed's Stein: Fed in a ‘very good position’ to keep tapering

Federal Reserve’s Jeremy Stein, who is speaking on the US economic outlook and monetary policy to the Money Marketeers at New York University, said that market participants expect gradual taper to continue.
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