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Saudi Arabia-led coalition destroys drones launched by Houthis towards the Kingdom

Early Friday morning in Asia, the Arab News pressed the update that the Saudi Arabia-led coalition intercept and destroys drones launched by Yemen’s Houthis towards the Kingdom.

Market implications

Following the news, WTI prices ticked up from $24.20 to $24.35, currently near $24.25. The lack of market response could be attributed to the concentration on coronavirus (COVID-19) updates.

AUD/JPY Price Analysis: 21-day SMA, 50% Fibonacci guard immediate upside

AUD/JPY declines to 66.00 amid the early Asian session on Friday. In doing so, the pair remains below a confluence of 21-day SMA and 50% Fibonacci ret
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Japan Tokyo Consumer Price Index (YoY) registered at 0.4%, below expectations (0.5%) in March

Japan Tokyo Consumer Price Index (YoY) registered at 0.4%, below expectations (0.5%) in March
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