BoC on Trump – BTMU

Analysts at Bank of Tokyo Mitsubishi noted how Trump impacted the BoC's cuationary outlook. Key Quotes: "The uncertainty surrounding the potential impact of President Trump’s policies was the main reason cited by the BoC for maintaining their cautious outlook, which could stil ...

Japanese inflation shows slight improvement, far from BOJ’s 2% target

Japanese inflation numbers for December (nation-wide) and January (Tokyo) fell at a slower pace, despite still being far from BOJ's desired 2% outcome. A pick up in global demand, which has helped Japanese exporters, coupled with higher domestic demand, mainly fueled by rising stocks, ar ...

Outlook for antipodean cross and rates – Westpac

Analysts at Westpac offered an outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: (1.0410) 1.0335-60 is an increasingly important support zone. A close above resistance 1.0450-65 could still suggest that a corrective base formed for a retest of 1.0565-70. AUD/NZD 1- ...

South Korea BOK Manufacturing BSI climbed from previous 73 to 78 in February

Japan Tokyo CPI ex Food, Energy (YoY) increased to 0% in January from previous -0.2%

Japan National CPI Ex Food, Energy (YoY) down to 0% in December from previous 0.1%

Japan Tokyo CPI ex Fresh Food (YoY) came in at -0.3%, above forecasts (-0.4%) in January

Japan National Consumer Price Index (YoY) fell from previous 0.5% to 0.3% in December

Japan National CPI Ex-Fresh Food (YoY) came in at -0.2%, above forecasts (-0.3%) in December

Tokyo’s core consumer price inflation -0.3% vs. -0.4% forecast

Tokyo’s core consumer price inflation rose more-than-expected last month, official data showed on Thursday.In a report, the Statistics Bureau said that Tokyo’s core CPI, which excludes fresh food costs rose to at an annualized rate of -0.3%, from -0.6% in the preceding month.Analysts had expected To ...

Japan’s National Core CPI -0.2% vs. -0.3% forecast

Japan’s national core rate of consumer price inflation rose more-than-expected last month, official data showed on Thursday.In a report, Statistics Bureau said that Japan’s National Core CPI rose to a seasonally adjusted -0.2%, from -0.4% in the preceding month.Analysts had expected Japan’s Nati ...

Candian dollar looking rich – Rabobank

Analysts at Rabobank explained that the Bank of Canada left rates on hold at 0.50% last week while highlighting a dovish bias. Key Quotes: "USD/CAD rallied 1.7% on the day of the decision and tested 1.3388 by the end of the week but subsequent price action saw USD/CAD break back down belo ...

Sean Spicer: import taxes on Mexico just an example of how to pay for the wall

Trump was in the spotlight today in respect to relations with Mexico reported here earlier. Trump relations with Mexico over controversial wall intensify, MXN battered through 21.33 handle The latest is that Trump snapped back at Mexico and threatened a 20% import tax, a highly controversial act ...

GDP Q4 first estimate preview – Nomura

Analysts at Nomura offered a preview to today's Q4 GDP, first estimate for the USA. Key Quotes: "Incoming data suggest that the economy grew steadily in Q4 2016, albeit at a slower pace than in Q3. In particular, residential fixed investment likely improved strongly in Q4 considerin ...

AUD/USD unable to hold the 0.76 handle as dollar bounces

Currently, AUD/USD is trading at 0.7531, down -0.05% on the day, having posted a daily high at 0.7540 and low at 0.7524. Wall Street: Dow made a record high again AUD/USd was unable to hold the 0.76 handle and has been drifting lower out of the consolidation area between 0.7550 and the highs a ...