Societe Generale analysts note a quiet data calendar ahead of key US payrolls, with a market whisper of 40k versus a 60k consensus and an SG economics forecast of 75k.
European Central Bank (ECB) executive board member Fabio Panetta said during European trading hours on Thursday that global energy crisis could impact financial stability.
West Texas Intermediate (WTI) oil price rises over 7% after two days of losses, trading around $101.10 per barrel during the European hours on Thursday.
European Central Bank (ECB) Governing Council (GC) member and Governor of the Lithuanian central bank, Gediminas Simkus, said during European trading hours on Thursday that the central bank needs to exercise caution on interest rates as the situation is changing.
According to a poll from Reuters, all 32 economists are in favor that the Reserve Bank of New Zealand (RBNZ) will leave its Official Cash Rate (OCR) unchanged at 2.25% in the monetary policy meeting on April 8.
Rabobank’s Senior Market Strategist Benjamin Picton notes that Australia entered the conflict period with solid momentum, as the February trade surplus beat expectations and Q1 job vacancies rose.