AsiaPacific

Nikada Japan (NKY:IND) +0.20%. Japan Jibun preliminary manufacturing PMI for October 48.5 (prior 48.5). China (SHCOMP) +0.72%. Worries about headwinds in China's housing sector remained pressured sentiment, despite PBOC Governor Pan…

China to hold its financial conference focused on economy, debt risksGoldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China…

KanawatTH Japan -2.03%. Industrial production in Japan dropped by 0.7% mom in August 2023, compared with a flat reading in a preliminary figure and after a final 1.8% fall a month earlier. China -0.61%. People's Bank of China set MLF…

With yields, the USD, and the oil price dribbling back a little it was a promising day for regional equities and also ‘risk’ FX. AUD and NZD rallied, as did GBP and EUR. USD/CAD traed up to 1.3505 before dropping back to where it began the…

News and data flow was very light indeed during the session here. As I am writing the news is crossing that US Senate Republican and Democrat negotiators are nearing a deal on a short-term spending measure intended to keep the government…

Asian FX markets once again traded in limited ranges awaiting the outcome of the Federal Open Market Committee (FOMC) meeting on Wednesday, 20 September 2023. News and data flow was very light. On the central bank front we had the…

Ueda drove USD/JPY to its biggest daily loss here in 2 months:Other: Bank of Japan Governor Ueda gave an interview with Yomiuri last week. The media group published comments from the interview over the weekend. In a nutshell, Ueda said that…

Nikada Japan +0.31%. China -0.62%. People’s Bank of China lowered its one-year loans prime rate by 10 basis points to a record low of 3.45%, but kept the five-year loan prime rate unchanged at 4.2%. Chinese property firm Country Garden…

Nikada Japan -0.04%. Japan data - PPI Services (Corporate Services Price Index) +1.2% y/y (expected 1.4). China -0.39%. Hong Kong -0.41%. Australia +0.85%. The annual inflation rate in Australia dropped to 6.0% in Q2 of 2023 from 7.0%…

G3 central bank meetings this week:The Federal Open Market Committee (FOMC) on Wednesday, the European Central Bank on Thursday, and the Bank of Japan on Friday Put a damper on intra-session major forex volatility.However, an…