EUROZONE: Timeline of key events (Times BST)

Most Asia-Pac equity indices are mixed at writing, with Chinese and Hong Kong markets remaining shut for the Qingming national holiday. Tech-related names across the region outperformed following Wall St’s tech-focused rally on Monday, countering broader weakness seen in other sectors.

• The Australian ASX200 trades 0.1% higher at typing, back from best levels after the RBA provided a hawkish jolt to the market in its monetary policy decision. Materials and healthcare stocks struggled, while energy and utilities sub-indices outperformed as major crude benchmarks have slightly extended gains in Asia. Technology names broadly rallied as well, with the S&P/ASX All Technology Index dealing 2.0% firmer at writing.
• The Nikkei 225 sits 0.1% better off at writing, having oscillated between gains and losses in Asian hours after opening 0.8% higher. Major export-related names such as Rakuten Group (+5.3%) are mostly higher despite the yen catching a bid, while utilities and financials equities underperformed. The overall move lower in the Nikkei comes as household spending data missed expectations earlier in Asia-Pac dealing, representing two straight months of declines and adding to worry from some quarters re: Q1 economic growth.
• U.S. e-mini equity index futures sit 0.1% weaker apiece, operating a touch below Monday’s best levels at typing.

Peruvian President Pedro Castillo declares curfew in the capital Lima on Tuesday and announces a state of emergency in Lima and the nearby seaport of Callao amid raging protests against inflation.

• In his address to the nation delivered after an emergency Cabinet meeting, Castillo urges Peruvians to remain calm and stressed that protesters must observe the law.
• The Congress earlier voted to invite the President for a meeting to review possible soutions of the ongoing crisis.
• On Monday, the government deployed the armed forces to control the protests which turned violent last week, causing supply shortages and transport disruptions.

• RES 4: 1.3439 High Feb 25
• RES 3: 1.3398 61.8% retracement of the Feb 10 - Mar 15 downleg
• RES 2: 1.3285/98 50-day EMA / High Mar 23
• RES 1: 1.3225 High Mar 25 and 23
• PRICE: 1.3120 @ 06:07 BST Apr 5
• SUP 1: 1.3051/3000 Low Mar 29 / Low Mar 15 and the bear trigger
• SUP 2: 1.2954 1.764 proj of the Jan 13 - 27 - Feb 10 price swing
• SUP 3: 1.2933 Low Nov 5 2020
• SUP 4: 1.2855 Low Nov 2 2020 and a key support

GBPUSD is unchanged. A bearish threat remains present following the recent reversal from 1.3298, Mar 23 high. Cable has also recently failed to remain above a number of short-term resistance points and the pullback means price continues to trade below a key resistance at 1.3285, the 50-day EMA. The focus is on 1.3000, Mar 15 low and a bear trigger. Clearance of the 50-day EMA is required to highlight a short-term reversal.