XE Market Analysis: Yellen Says Rate Hike Appropriate

OVERVIEW  Stock markets kicked off a down week. North Korea’s missile test and Donald Trump’s accusation monitored phone calls are weighing on investor sentiment.  Eurozone investor morale improved more than expected in March, with Sentix research group’s monthly index rising to 20.7 from 17.4. US factory orders rose 1.2% in January, slightly outpacing market forecasts for a 1% gain.  Australian retail sales grew 0.4% in January, a welcome, but forecasted, increase after two disappointing months of retail activity.

Source: XE news feed
XE Market Analysis: Yellen Says Rate Hike Appropriate