With already three countries with negative inflation and subdued inflationary pressure in the whole region, the ECB is facing a serious need to consider adding fresh stimulus in order to eliminate all the risks of deflation.
The resource-rich economy is stuck in the transition phase, and future prospects are not clear. Nonetheless, investors are still confident about Australia's future outlook, as the economy managed to sell a$7 billion of its 12-year government bonds, making it the largest bond sale on record.
Benefitting from its safe-haven status, the Japanese Yen has been appreciating against the U.S. Dollar since the beginning of the week, as manufacturing data from Japan came stronger-than-expected, while central bank refused from adding more stimulus.
Britain's labour market is on the mend, with the unemployment rate falling much faster to the threshold announced by the Bank of England.
With no major drags on the economy like the sequester or government shutdown and brighter outlook from the White House, Barack Obama's approval rating bounced back from a career-low level.
The rally is over? With vast majority of traders pending orders suggesting that the single currency will depreciate against the greenback and disappointing data from Europe, the rally on EUR/USD may begin to wane soon, with the pair easing back to 1.36.
RBA's comments about a period of stable interest rate and exchange rate as well as less dovish comments from Glenn Stevens failed to boost business confidence in February.
Monthly meetings of the Bank of Japan were usually shaking markets, as any dovish or unconvincing comments from the central bank provided a massive sell-off of the Japanese Yen, as investors are making their bets about when more stimulus will be announced.
The cable remained around a two-week low on Tuesday following mixed data from the U.K. industrial sector, while markets were focusing on the MPC members hearing amid latest allegation of manipulation on the financial market.
On Monday banking analytic Dick Bove claimed the world's largest economy will fall into recession, as the rate of money flow and inflation will become a massive drag.
While the single currency shifted further away from it recent highs against the U.S. Dollar on Tuesday, the pair can receive another bullish impetus later this week.
It seems that the Alpine country began this year not on a high note, as exports slumped, inflation disappointed markets on both monthly and annual basis.
Japanese growth slowed to 0.7% in the final quarter, missing analysts' expectations for a 0.9% and slowing from third quarter's solid growth of 1%.
While the cable is facing a strong resistance around 1.68, the outlook for the pair is still bullish, as fundamental data from the U.K. are speaking in favour of further economic strengthening, adding to signs the first rate hike can be made this year already.
American policymakers continue to surprise with their comments, as Fed Bank of Philadelphia President Charles Plosser provided some of the contradictive comments by saying bad weather became a massive drag on the labour market and damped economy's ability to create jobs in February.
Finally. Last week we predicted some of the European policymakers will start expressing their concerns about the strength of the single currency.
During the last week traders were able to earn more than 4% by investing in Bank of America, JP Morgan Chase & Co. and in palladium, as their prices soared 4.84%, 4.51% and 4.28%, respectively. When speaking about currencies, the most attractive pair was AUD/JPY that rocketed 2.74%, with Aussie rising 0.61% against other currencies, while Japanese Yen sank more
Australian currency was poised to become one of the top losers this year, as economy was supposed to stuck in transitions phase, while the analysts were making their bets on when the RBA will make another adjustment to its monetary policy.
Last month a report from the Federal Statistics Office raised concerns about the stability of the Alpine economy, as inflation turned into negative territory.
While the economy is recovering, the central bank now is aiming at eliminating any slack within the domestic economy.
During the whole week nobody expected a stronger-than-expected data from the Bureau of Labor Statistics, as policymakers are economists were constantly blaming weather for the recent weakness in the world's largest economy.
An equilibrium point is a market price, where suppliers and consumers meet at a particular quantity and price at which they are both satisfied.
Another portion of optimistic data from Oz country pushed the Aussie higher, with AUD/USD soaring more than 0.5% to as high as 0.9033, and still moving in a strong uptrend that began on Monday.
The Japanese Yen is steadily loosing its ground versus the greenback, contributing to the solid performance of Japanese equity indices. Comments from the Fed members are pushing the greenback higher, while a statement of Japanese government advisory about the changes in the pension fund dragged the Yen lower.